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McLaren Minerals Issues Unquoted Equity Securities

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McLaren Minerals Issues Unquoted Equity Securities

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An update from Allup Silica Ltd. ( (AU:MML) ) is now available.

McLaren Minerals Limited has announced the issuance of unquoted equity securities, specifically options expiring on February 5, 2028, with an exercise price of $0.035. This issuance, totaling 6,666,666 securities, is part of a previously announced transaction and is not intended to be quoted on the ASX. The move could potentially impact the company’s financial structure and stakeholder interests by increasing the number of securities available, which may influence future investment and operational strategies.

More about Allup Silica Ltd.

Average Trading Volume: 295,527

Technical Sentiment Signal: Sell

Current Market Cap: A$4.03M

For an in-depth examination of MML stock, go to TipRanks’ Overview page.

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