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Mindax Limited Announces Proposed Issue of 10 Million Options

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Mindax Limited Announces Proposed Issue of 10 Million Options

Elevate Your Investing Strategy:

Mindax Limited ( (AU:MDX) ) has shared an update.

Mindax Limited has announced a proposed issue of 10 million options, set to expire on November 30, 2025, with an exercise price of $0.07. This move is part of a placement or other type of issue, aiming to enhance the company’s financial flexibility and potentially strengthen its market position by attracting investment.

More about Mindax Limited

Mindax Limited operates within the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and exploiting opportunities in the mineral sector, with a particular emphasis on expanding its portfolio of mining projects.

Average Trading Volume: 349,333

Technical Sentiment Signal: Buy

Current Market Cap: A$135.3M

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

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