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An announcement from Mamba Exploration Ltd. ( (AU:M24) ) is now available.
Mamba Exploration Limited has successfully raised $265,000 through a share placement, which will be used to review and assess exploration projects in Western Australia and strengthen its working capital. The company also announced the appointment of Mr. James Bahen and Ms. Kristi Bryson as Joint Company Secretaries, succeeding Ms. Amanda Burgess. With a cash position of $1.036 million as of March 31, 2025, Mamba is positioned for potential growth and strategic advancements, reflecting investor confidence in its operations.
More about Mamba Exploration Ltd.
Mamba Exploration Limited is a company operating in the exploration industry, focusing on the evaluation and acquisition of exploration projects primarily in Western Australia. The company aims to maximize the value of its projects through further exploration, strategic partnerships, or asset rationalization.
YTD Price Performance: 10.0%
Average Trading Volume: 517,340
Technical Sentiment Signal: Buy
Current Market Cap: A$3.25M
For detailed information about M24 stock, go to TipRanks’ Stock Analysis page.