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Macro Metals Extends Deadline for Strategic Placement with Paramount

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Macro Metals Extends Deadline for Strategic Placement with Paramount

Elevate Your Investing Strategy:

Kogi Iron Ltd. ( (AU:M4M) ) has shared an update.

Macro Metals Limited, a company listed on the ASX under the ticker M4M, has announced an update regarding its strategic alliance with Paramount Earthmoving Pty Ltd. The agreement involves a $4 million placement to boost Macro’s mining services division. The company has received $3,019,256 from the first three tranches, and it has been agreed to extend the deadline for the fourth tranche to 30 September 2025, as the company’s current working capital requirements did not necessitate its immediate subscription.

More about Kogi Iron Ltd.

Average Trading Volume: 5,108,535

Technical Sentiment Signal: Sell

Current Market Cap: A$31.83M

For an in-depth examination of M4M stock, go to TipRanks’ Overview page.

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