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Dundas Minerals Limited ( (AU:DUN) ) has provided an announcement.
Dundas Minerals Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 13,126,806 new fully paid ordinary shares, with the issue scheduled for 31 December 2025. The capital raising, via a placement or similar structure, signals the company’s intention to bolster its funding base, which may support ongoing operations or future growth initiatives and has implications for existing shareholders through potential dilution and for the company’s market positioning depending on the use of proceeds and investor demand.
More about Dundas Minerals Limited
Average Trading Volume: 306,903
Technical Sentiment Signal: Buy
Current Market Cap: A$6.57M
For a thorough assessment of DUN stock, go to TipRanks’ Stock Analysis page.