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MinRex Resources Limited ( (AU:MRR) ) has issued an update.
MinRex Resources Limited has announced a proposed issue of securities, specifically 271,216,875 listed options exercisable at $0.02 each by January 2030. This non-renounceable pro rata issue is set to enhance the company’s capital base, potentially strengthening its financial position and ability to pursue further exploration activities, thereby impacting stakeholders positively through increased resource development opportunities.
More about MinRex Resources Limited
MinRex Resources Limited is a company engaged in the resources sector, focusing on the exploration and development of mineral deposits. Its primary products include minerals, and it operates within the Australian market with a focus on expanding its resource base.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.68M
For an in-depth examination of MRR stock, go to TipRanks’ Stock Analysis page.
