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An announcement from Mount Burgess Mining N.L. ( (AU:MTB) ) is now available.
Mount Burgess Mining N.L. has secured commitments for a placement to raise $54,743 through the issuance of over 12 million ordinary shares at $0.0045 each. The funds will be allocated towards the development of the Kihabe-Nxuu Project and corporate expenses, potentially enhancing the company’s project capabilities and financial stability.
More about Mount Burgess Mining N.L.
Mount Burgess Mining N.L. operates in the mining industry, focusing on the development of mineral resources. The company is engaged in projects such as the Kihabe-Nxuu Project, which involves metallurgical test work and other corporate activities.
Current Market Cap: A$1.7M
See more insights into MTB stock on TipRanks’ Stock Analysis page.