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Mamba Exploration Completes Share Issuance for Strategic Growth

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Mamba Exploration Completes Share Issuance for Strategic Growth

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Mamba Exploration Ltd. ( (AU:M24) ) has shared an update.

Mamba Exploration Ltd. has successfully completed the issuance of a total of 60,208,334 fully paid ordinary shares as part of two placements approved in December 2024 and February 2025. This share issuance, done without a disclosure document under specific provisions of the Corporations Act, reflects Mamba’s ongoing strategic efforts to secure funding and expand its operations in the mineral exploration sector.

More about Mamba Exploration Ltd.

Mamba Exploration Ltd. operates in the mining industry, focusing on exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker ASX:M24.

YTD Price Performance: 40.0%

Average Trading Volume: 574,920

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.29M

For an in-depth examination of M24 stock, go to TipRanks’ Stock Analysis page.

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