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Mindax Limited Announces Proposed Securities Issue

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Mindax Limited Announces Proposed Securities Issue

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The latest update is out from Mindax Limited ( (AU:MDX) ).

Mindax Limited has announced a proposed issue of securities, specifically 54,000,000 options expiring on 30 November 2026, with an exercise price of $0.08. This move is part of a placement or other type of issue, with the proposed issue date set for 17 November 2025. The announcement signifies Mindax Limited’s strategic financial maneuver to potentially raise capital, which could impact its market positioning and stakeholder interests.

More about Mindax Limited

Average Trading Volume: 211,331

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$126.8M

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

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