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The latest update is out from Mount Burgess Mining N.L. ( (AU:MTB) ).
Mount Burgess Mining N.L. has issued 73,935,637 fully paid ordinary shares at an issue price of $0.003, under ASX Listing Rules 7.1 and 7.1A. This issuance, made without disclosure to investors, falls under the exemption provided by section 708A(5) of the Corporations Act 2001, allowing the shares to be freely traded. The company confirms compliance with relevant provisions of the Corporations Act, indicating a strategic move to enhance its liquidity and market presence.
More about Mount Burgess Mining N.L.
Mount Burgess Mining N.L. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of base metals and precious minerals, targeting markets that demand these raw materials.
Current Market Cap: A$1.41M
See more data about MTB stock on TipRanks’ Stock Analysis page.