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Midas Minerals Issues 3 Million Unquoted Equity Options

Story Highlights
  • Midas Minerals issued 3 million unquoted equity options expiring in July 2028.
  • These options are part of strategic transactions to enhance liquidity and stakeholder incentives.
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Midas Minerals Issues 3 Million Unquoted Equity Options

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The latest announcement is out from Midas Minerals Limited ( (AU:MM1) ).

Midas Minerals Ltd has announced the issuance of 3 million unquoted equity options, set to expire in July 2028, with exercise prices ranging from $0.25 to $0.40. This move is part of previously announced transactions and indicates a strategic financial maneuver to potentially enhance liquidity and incentivize stakeholders, although these securities will not be quoted on the ASX.

More about Midas Minerals Limited

Average Trading Volume: 331,648

Technical Sentiment Signal: Buy

Current Market Cap: A$41.17M

For a thorough assessment of MM1 stock, go to TipRanks’ Stock Analysis page.

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