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Mount Burgess Mining N.L. ( (AU:MTB) ) just unveiled an update.
Mount Burgess Mining NL has announced the issuance of 216,666,666 fully paid ordinary shares as consideration for acquiring the Viking Gold Project and the Blair North Project. This move, executed without further disclosure requirements, aims to facilitate the resale of these shares to retail investors, potentially enhancing the company’s market presence and operational capabilities.
More about Mount Burgess Mining N.L.
Mount Burgess Mining NL is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources.
Average Trading Volume: 6,687,440
Technical Sentiment Signal: Sell
Current Market Cap: A$6.81M
For detailed information about MTB stock, go to TipRanks’ Stock Analysis page.