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An update from Kogi Iron Ltd. ( (AU:M4M) ) is now available.
Macro Metals Limited, a company involved in the mining services sector, has issued 40,055,039 fully paid ordinary shares without disclosure to investors under the Corporations Act 2001. The company is actively pursuing business development opportunities, including advanced negotiations and shortlisted tenders for various projects in the Pilbara and Kimberley regions, with potential contracts valued up to A$130 million. However, these opportunities are subject to final contract awards and approvals, and the company is considering potential capital raising, though no decisions have been made.
More about Kogi Iron Ltd.
Average Trading Volume: 5,152,552
Technical Sentiment Signal: Sell
Current Market Cap: A$31.83M
For an in-depth examination of M4M stock, go to TipRanks’ Overview page.