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Mamba Exploration Ltd. ( (AU:M24) ) has issued an announcement.
Mamba Exploration Limited has called a general meeting of shareholders for 31 March 2026 in Subiaco, Western Australia, setting 29 March 2026 as the record date to determine voting eligibility. The company is urging shareholders to vote, preferably by lodging proxy forms, and has provided an explanatory memorandum to guide decisions on the resolutions.
The agenda includes approval to issue 59,033,122 consideration shares to MMPL or its nominees, ratification of a prior issue of 44,000,000 tranche 1 placement shares, and approval to issue tranche 2 placement shares. These resolutions, if passed, will ratify and expand the company’s share capital base, underpinning its funding structure and potentially diluting existing holdings while providing capital flexibility for ongoing exploration and corporate activities.
The most recent analyst rating on (AU:M24) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Mamba Exploration Ltd. stock, see the AU:M24 Stock Forecast page.
More about Mamba Exploration Ltd.
Mamba Exploration Limited is an Australian-listed resources company focused on mineral exploration. The company’s activities typically involve identifying and advancing exploration projects, with capital management and share issuances playing a key role in funding its operations and growth strategy.
Average Trading Volume: 917,459
Technical Sentiment Signal: Buy
Current Market Cap: A$9.16M
Find detailed analytics on M24 stock on TipRanks’ Stock Analysis page.