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ITech Minerals LTD ( (AU:ITM) ) has shared an announcement.
iTech Minerals Ltd has announced the issuance of 40,000,000 fully paid ordinary shares following a share placement, without disclosure to investors under Part 6D.2 of the Corporations Act. This move is part of the company’s ongoing compliance with its reporting obligations, and it signifies a strategic step in strengthening its capital structure, potentially impacting its market positioning and stakeholder interests.
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 of various mineral products and is subject to regular reporting and disclosure obligations as a disclosing entity.
Average Trading Volume: 1,202,571
Technical Sentiment Signal: Hold
See more insights into ITM stock on TipRanks’ Stock Analysis page.