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Mount Ridley Mines Limited ( (AU:MRD) ) has shared an announcement.
Mount Ridley Mines Limited has announced a proposed issue of securities, including both a standard pro rata issue and a placement. The company plans to issue a significant number of ordinary fully paid shares and options, which are expected to enhance its financial position and support its ongoing operations. This move is likely to impact the company’s market presence and provide opportunities for stakeholders.
More about Mount Ridley Mines Limited
Mount Ridley Mines Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the code MRD.
Current Market Cap: A$2.34M
For an in-depth examination of MRD stock, go to TipRanks’ Overview page.
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