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McLaren Minerals Announces Proposed Securities Issue

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McLaren Minerals Announces Proposed Securities Issue

Confident Investing Starts Here:

The latest update is out from Allup Silica Ltd. ( (AU:MML) ).

McLaren Minerals Limited has announced a proposed issue of securities, including 19,227,600 options and ordinary fully paid shares, with an exercise price of $0.035, to be issued by June 19, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning by increasing liquidity and attracting new investors.

More about Allup Silica Ltd.

Average Trading Volume: 111,357

Technical Sentiment Signal: Sell

Current Market Cap: A$3.96M

Learn more about MML stock on TipRanks’ Stock Analysis page.

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