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ITech Minerals LTD ( (AU:ITM) ) has shared an update.
ITech Minerals LTD has announced a proposed issue of securities, totaling 60 million ordinary fully paid shares, through a securities purchase plan and a placement. This strategic move is expected to enhance the company’s capital base, potentially strengthening its market position and providing additional resources for its operational and development activities.
More about ITech Minerals LTD
ITech Minerals LTD operates in the minerals industry, focusing on the exploration and development of mineral resources. The company is involved in the production and supply of various mineral products, catering to diverse market needs.
Average Trading Volume: 1,124,419
Technical Sentiment Signal: Buy
Find detailed analytics on ITM stock on TipRanks’ Stock Analysis page.