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Kogi Iron Ltd. ( (AU:M4M) ) has provided an update.
Macro Metals Limited has announced a proposed issue of securities, including unlisted options and fully paid ordinary shares, as part of a placement or other type of issue. The issuance involves a total of 12,000,000 unlisted options expiring in 2029 and 30,000,000 unlisted options expiring in 2030, along with 6,250,000 fully paid ordinary shares. This move is aimed at raising capital and potentially enhancing the company’s market position by increasing its financial flexibility.
More about Kogi Iron Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: A$34.56M
See more insights into M4M stock on TipRanks’ Stock Analysis page.