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Marquee Resources Ltd ( (AU:MQR) ) has issued an update.
Marquee Resources Limited, a company listed on the Australian Securities Exchange under the ticker MQR, announced the issuance of over 69 million new ordinary shares through a share placement. This move is aimed at raising approximately $829,153 before costs. The shares were issued without requiring disclosure to investors, in compliance with the relevant sections of the Corporations Act 2001. This capital raising could potentially enhance the company’s financial standing and enable further operational developments.
More about Marquee Resources Ltd
YTD Price Performance: 20.0%
Average Trading Volume: 406,764
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$5M
For a thorough assessment of MQR stock, go to TipRanks’ Stock Analysis page.
