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Mount Ridley Mines Issues New Shares in Compliance with Corporations Act

Story Highlights
  • Mount Ridley Mines operates in the mining industry, focusing on mineral exploration.
  • The company issued 1,679,449 shares without a disclosure document, adhering to regulations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mount Ridley Mines Issues New Shares in Compliance with Corporations Act

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Mount Ridley Mines Limited ( (AU:MRD) ) has issued an announcement.

Mount Ridley Mines Limited has announced the issuance of 1,679,449 shares without a disclosure document, in compliance with the Corporations Act. This strategic move indicates the company’s adherence to regulatory requirements and may impact its capital structure, potentially influencing investor perceptions and market positioning.

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 listed on the Australian Securities Exchange under the ticker MRD.

Average Trading Volume: 62,131,373

Current Market Cap: A$47.48M

For detailed information about MRD stock, go to TipRanks’ Stock Analysis page.

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