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Miramar Resources Limited ( (AU:M2R) ) has provided an update.
Miramar Resources Limited has completed the Tranche 1 Placement of shares to existing shareholders and sophisticated investors, and has secured an additional $205,000 commitment for Tranche 2, pending shareholder approval in February 2026. The updated capital structure includes over 1.5 billion ordinary shares and various options, reflecting the company’s strategic efforts to strengthen its financial position and enhance shareholder value.
More about Miramar Resources Limited
Miramar Resources Limited is a company operating in the resources sector, focusing on exploration and development of mineral projects. The company is based in South Perth, Western Australia, and is listed on the Australian Securities Exchange under the ticker ASX:M2R.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.58M
Find detailed analytics on M2R stock on TipRanks’ Stock Analysis page.