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Matsa Resources Expands Capital with New Share Issuance

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Matsa Resources Expands Capital with New Share Issuance

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Matsa Resources Limited ( (AU:MAT) ) has provided an announcement.

Matsa Resources Limited has announced the issuance of 100,000,000 fully paid ordinary shares and 22,895,719 unlisted options as part of a share placement. This move is expected to enhance the company’s capital structure and provide additional resources for its ongoing projects. The company has complied with relevant provisions of the Corporations Act, ensuring transparency and adherence to regulatory requirements.

More about Matsa Resources Limited

Matsa Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is based in Perth, Western Australia, and has a significant number of shares and options issued, with a market capitalization of approximately A$95.69 million.

Average Trading Volume: 1,540,357

Technical Sentiment Signal: Buy

Current Market Cap: A$90.12M

See more data about MAT stock on TipRanks’ Stock Analysis page.

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