Mamba Exploration Halts Trading Ahead of Acquisition and Capital Raising Announcement

Mamba Exploration Ltd. ( (AU:M24) ) has provided an announcement.

Mamba Exploration Limited has requested and received a trading halt on its securities on the ASX, effective from 29 January 2026, pending the release of an announcement related to a proposed acquisition and associated capital raising. The halt will remain in place until the announcement is released or until the start of normal trading on 2 February 2026, signalling that a potentially material transaction and funding initiative is imminent, with possible implications for the company’s capital structure, asset base and strategic positioning in the resources sector.

The most recent analyst rating on (AU:M24) stock is a Hold 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 (ASX: M24) is an Australian-listed exploration company based in Subiaco, Western Australia, operating in the resources sector and focused on mineral exploration activities. The company’s securities trade on the ASX and it pursues growth through exploration and corporate transactions within the mining and resources industry.

Average Trading Volume: 550,371

Technical Sentiment Signal: Buy

Current Market Cap: A$7.97M

See more insights into M24 stock on TipRanks’ Stock Analysis page.