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Mount Ridley Mines Limited ( (AU:MRD) ) has provided an update.
Mount Ridley Mines Limited has applied to the ASX for quotation of 21,791,222 new fully paid ordinary shares, issued on 19 December 2025. The additional securities arise from the exercise or conversion of existing options or other convertible securities, modestly expanding the company’s free-float and potentially improving liquidity for shareholders, while signaling ongoing capital structuring activity that may support future operational or exploration initiatives.
More about Mount Ridley Mines Limited
Average Trading Volume: 39,917,578
Technical Sentiment Signal: Sell
Current Market Cap: A$38.78M
For detailed information about MRD stock, go to TipRanks’ Stock Analysis page.