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M3 Mining Ltd. Issues New Shares to Strengthen Market Position

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M3 Mining Ltd. Issues New Shares to Strengthen Market Position

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

M3 Mining Ltd. has announced the issuance of 112,500,000 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, conducted without disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and indicates no presence of ‘excluded information’, potentially impacting its market positioning and stakeholder interests.

More about M3 Mining Ltd.

M3 Mining Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is publicly traded on the Australian Securities Exchange (ASX) under the ticker M3M.

Average Trading Volume: 228,126

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.99M

See more insights into M3M stock on TipRanks’ Stock Analysis page.

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