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The latest update is out from Eagle Mountain Mining Ltd. ( (AU:EM2) ).
Eagle Mountain Mining Limited has notified the market of a new issue of unquoted options, expanding its pool of equity-based instruments available for capital management and incentive purposes. The company will issue 31,806,500 unquoted options (ASX code EM2AY), exercisable at $0.02 and expiring on 30 November 2028, a move that could lead to future share dilution but also provides a potential avenue for additional capital, aligning with previously announced transactions and signalling ongoing financing and incentive arrangements for stakeholders.
The most recent analyst rating on (AU:EM2) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Eagle Mountain Mining Ltd. stock, see the AU:EM2 Stock Forecast page.
More about Eagle Mountain Mining Ltd.
Average Trading Volume: 2,979,742
Technical Sentiment Signal: Sell
Current Market Cap: A$15.39M
See more data about EM2 stock on TipRanks’ Stock Analysis page.