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An announcement from Miramar Resources Limited ( (AU:M2R) ) is now available.
Miramar Resources Limited has notified the ASX of a proposed placement of new ordinary fully paid shares, with plans to issue up to 26,666,667 securities under its issuer code M2R. The placement, scheduled for 10 April 2026, represents a significant capital raising move that could provide additional funding flexibility for the company but may also dilute existing shareholders’ holdings, depending on pricing and final uptake.
The most recent analyst rating on (AU:M2R) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Miramar Resources Limited stock, see the AU:M2R Stock Forecast page.
More about Miramar Resources Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$6.8M
Learn more about M2R stock on TipRanks’ Stock Analysis page.