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Allup Silica Ltd. ( (AU:MML) ) has shared an announcement.
McLaren Minerals Limited has issued 18,867,533 fully paid ordinary shares as part of a tranche 1 placement. This move aligns with the company’s strategic focus on advancing its titanium project, which is crucial for various high-tech industries. The issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company has confirmed compliance with relevant legal requirements, ensuring transparency and adherence to regulatory standards.
More about Allup Silica Ltd.
McLaren Minerals Limited is an exploration company focused on the development of its high-value titanium project in the Eucla Basin of Western Australia. Titanium is a critical mineral essential for aerospace, defense, and energy technologies.
Average Trading Volume: 100,963
Technical Sentiment Signal: Sell
Current Market Cap: A$3.82M
See more insights into MML stock on TipRanks’ Stock Analysis page.
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