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Cassius Mining Ltd ( (AU:CMD) ) has issued an update.
Cassius Mining Limited has issued 39,284,401 new fully paid ordinary shares without a disclosure document under the Australian Corporations Act provisions that allow such placements, indicating it is using available exemptions to raise capital or complete transactions efficiently. The company stated it is fully compliant with its financial reporting and continuous disclosure obligations and confirmed there is no undisclosed price-sensitive information, signaling to investors and regulators that the share issue should not be interpreted as being based on hidden information and that governance and transparency standards are being maintained.
More about Cassius Mining Ltd
Average Trading Volume: 460,744
Technical Sentiment Signal: Hold
Current Market Cap: A$20.83M
For an in-depth examination of CMD stock, go to TipRanks’ Overview page.