DMC Mining Ltd. (AU:DMM) has released an update.
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DMC Mining Ltd. has announced a new securities issue, proposing to issue a total of 188,100,000 shares, which includes 130,000,000 Vendor Performance Shares for the acquisition of the Firawa Project and 58,100,000 ordinary fully paid shares. The proposed issue date is set for September 9, 2024. This strategic move is aimed to expand the company’s project portfolio and bolster its financial position in the market.
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