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Eagle Mountain Mining Ltd. ( (AU:EM2) ) has provided an announcement.
Eagle Mountain Mining Limited has lodged a prospectus with the Australian Securities and Investments Commission (ASIC) for a non-renounceable entitlement offer to raise approximately $1.98 million. This offer allows eligible shareholders to purchase new shares at a price of A$0.009 per share, with additional unlisted options attached. The funds raised are expected to support the company’s ongoing operations and strategic initiatives, potentially strengthening its position in the mining sector.
More about Eagle Mountain Mining Ltd.
Eagle Mountain Mining Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker EM2.
Average Trading Volume: 9,967,904
Technical Sentiment Signal: Sell
Current Market Cap: A$11.87M
For detailed information about EM2 stock, go to TipRanks’ Stock Analysis page.