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An update from Caeneus Minerals Limited ( (AU:MTL) ) is now available.
Mantle Minerals Limited, a company listed on the ASX, has announced that it has received conversion notices for over 51% of its convertible notes, amounting to $742,000 in principal. This conversion is contingent upon shareholder approval, with a meeting scheduled for September 2025. If approved, the notes will be converted into fully paid ordinary shares at a conversion price of $0.001 per share, with additional options issued. Failure to secure approval will necessitate repayment in cash.
More about Caeneus Minerals Limited
Current Market Cap: A$6.2M
For an in-depth examination of MTL stock, go to TipRanks’ Overview page.