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McLaren Minerals Issues Shares to Advance Titanium Project

Story Highlights
  • McLaren Minerals focuses on developing its titanium project in Western Australia.
  • The company issued shares for drilling services, enhancing its critical minerals market position.
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McLaren Minerals Issues Shares to Advance Titanium Project

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Allup Silica Ltd. ( (AU:MML) ) has shared an update.

McLaren Minerals Limited has issued 1,128,379 fully paid ordinary shares as part payment for drilling services, in accordance with section 708A of the Corporations Act 2001. This move reflects the company’s ongoing commitment to advancing its titanium project, which is crucial for industries such as aerospace and defense, potentially strengthening its position in the critical minerals market.

More about Allup Silica Ltd.

McLaren Minerals Limited is an exploration company focused on developing its high-value McLaren titanium project located in the Eucla Basin of Western Australia. The company is engaged in the exploration of titanium, a critical mineral essential for aerospace, defense, and energy technologies.

Average Trading Volume: 263,575

Technical Sentiment Signal: Sell

Current Market Cap: A$4.2M

For detailed information about MML stock, go to TipRanks’ Stock Analysis page.

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