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M3 Mining Limited Issues 12.5 Million New Shares

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M3 Mining Limited Issues 12.5 Million New Shares

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M3 Mining Ltd. ( (AU:M3M) ) has issued an announcement.

M3 Mining Limited has announced the issuance of 12,500,000 fully paid ordinary shares at a price of $0.018 per share, which are part of a class of securities quoted on the ASX. This move is made without disclosure under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Corporations Act, indicating a strategic financial maneuver to potentially enhance its capital structure and market presence.

More about M3 Mining Ltd.

M3 Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in the issuance of securities as part of its financial operations.

Average Trading Volume: 202,562

Technical Sentiment Signal: Sell

Current Market Cap: A$2.26M

For detailed information about M3M stock, go to TipRanks’ Stock Analysis page.

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