M3 Mining Faces Board Reshuffle Amidst Shareholder Notices

M3 Mining Ltd. ( (AU:M3M) ) has shared an update.

M3 Mining Limited has received notices under sections 203D and 249D of the Corporations Act from various parties seeking to convene a general meeting of shareholders. The proposed resolutions include the removal of current directors, except for Eddie King, and the appointment of new directors Alan Armstrong and Tyler Formica. Additionally, there is a proposal for the removal of Eddie King as a director. The company is currently seeking legal advice regarding the validity of these requisition notices and intends to comply with its obligations under the Corporations Act.

More about M3 Mining Ltd.

M3 Mining Limited (ASX:M3M) is a Perth-based mineral exploration company focused on creating value for shareholders through exploration and development of a high-quality base metal and gold exploration portfolio. The company’s projects are strategically located in regions surrounded by major players and have experienced minimal modern, systematic exploration. M3 Mining aims to apply a systematic approach to assess and prioritize its projects, which have the potential to produce significant discoveries.

Average Trading Volume: 186,649

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$3.35M

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