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Mindax Limited ( (AU:MDX) ) has provided an update.
Mindax Limited has announced a proposed issue of 9,000,000 unlisted options, exercisable at $0.08 and expiring on November 30, 2026. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and providing additional resources for its ongoing projects.
More about Mindax Limited
Mindax Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and exploration of iron ore and other minerals, with a market focus on expanding its resource base and enhancing its operational capabilities.
Average Trading Volume: 303,304
Technical Sentiment Signal: Sell
Current Market Cap: A$124.5M
For an in-depth examination of MDX stock, go to TipRanks’ Overview page.