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DMC Mining Ltd. ( (AU:DMM) ) has shared an update.
DMC Mining Limited has announced an update regarding its public offer of shares, initially outlined in its 2024 prospectus. Due to delays in the granting of exploration licenses for its Firawa and Labé projects in Guinea, the company has extended the closing date for the public offer to May 8, 2025. This extension aims to accommodate the licensing delays and ensure compliance with required conditions. The company plans to lodge a second supplementary prospectus to extend deadlines for quotation and minimum subscription conditions, which could impact the company’s future operations and market positioning.
More about DMC Mining Ltd.
DMC Mining Limited is a critical metals exploration company primarily involved in the exploration of projects in Guinea. The company focuses on acquiring exploration licenses and expanding its presence in the critical metals market.
YTD Price Performance: -3.33%
Technical Sentiment Consensus Rating: Buy
See more data about DMM stock on TipRanks’ Stock Analysis page.
