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An update from Mount Ridley Mines Limited ( (AU:MRD) ) is now available.
Mount Ridley Mines Limited has announced a pro-rata non-renounceable entitlement issue, offering one share for every three shares held at $0.002 per share, along with a free attaching new option for every two shares applied for, to raise up to $596,842. This move is part of a broader strategy to enhance liquidity and trading flexibility, as it also includes a secondary offer of new options to placement participants, aimed at removing trading restrictions and leveraging regulatory relief provisions.
More about Mount Ridley Mines Limited
Current Market Cap: A$4.48M
See more data about MRD stock on TipRanks’ Stock Analysis page.