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Miramar Resources Issues New Shares in Strategic Placement

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Miramar Resources Issues New Shares in Strategic Placement

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Miramar Resources Limited ( (AU:M2R) ) just unveiled an update.

Miramar Resources Limited has announced the issuance of 59,523,492 fully paid ordinary shares at $0.003 per share as part of a recent placement. This move, made without disclosure under the Corporations Act, allows the company to benefit from an exemption that facilitates the on-sale of these shares, potentially impacting the company’s liquidity and shareholder base.

More about Miramar Resources Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.79M

Learn more about M2R stock on TipRanks’ Stock Analysis page.

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