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Mount Ridley Mines Limited ( (AU:MRD) ) just unveiled an announcement.
Mount Ridley Mines Limited has announced a proposed issue of securities, including performance rights, ordinary shares, and options, totaling 288,750,000 securities. This strategic move is aimed at enhancing the company’s capital structure and supporting its ongoing exploration and development activities, potentially impacting its market position and offering new opportunities for stakeholders.
More about Mount Ridley Mines Limited
Mount Ridley Mines Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is involved in identifying and extracting valuable minerals, contributing to the supply chain of raw materials.
Current Market Cap: A$3.96M
For a thorough assessment of MRD stock, go to TipRanks’ Stock Analysis page.