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M3 Mining Tightens Governance After Late Director Interest Notice

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M3 Mining Tightens Governance After Late Director Interest Notice

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M3 Mining Ltd. ( (AU:M3M) ) just unveiled an announcement.

M3 Mining Limited has reported a change in director Ariel King’s interests following the expiry of 2 million unexercised director options that were significantly out of the money. The company acknowledged that the required notice to the ASX was lodged late due to an administrative oversight, and in response has strengthened its internal procedures for monitoring and reporting directors’ holdings, including more frequent reviews, to ensure ongoing compliance with ASX Listing Rules 3.19A and 3.19B.

The most recent analyst rating on (AU:M3M) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on M3 Mining Ltd. stock, see the AU:M3M Stock Forecast page.

More about M3 Mining Ltd.

Average Trading Volume: 329,710

Technical Sentiment Signal: Sell

Current Market Cap: A$7.93M

For a thorough assessment of M3M stock, go to TipRanks’ Stock Analysis page.

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