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Dart Mining NL ( (AU:DTM) ) has provided an update.
Dart Mining NL has lodged a Prospectus with the Australian Securities and Investments Commission for a series of offers, including a Bonus Offer, a Placement Offer, and a Broker Offer, involving the issuance of New Options. These options are exercisable at $0.0034 and will expire in 2028, with no immediate funds being raised. The Bonus Offer does not require shareholder approval, while the Placement and Broker Offers are pending approval at an upcoming Extraordinary General Meeting. This strategic move aims to strengthen Dart Mining’s market position and enhance its financial flexibility.
More about Dart Mining NL
Dart Mining NL is involved in the mining industry, focusing on advanced intrusion-related and epithermal gold projects. The company has recently expanded its operations with the acquisition of the Triumph Gold Project in Queensland and is evaluating historic goldfields in Central and Northeast Victoria, including the Rushworth Goldfield and a newly identified porphyry and lithium province.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$3M
For an in-depth examination of DTM stock, go to TipRanks’ Overview page.