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Mt Malcolm Mines NL ( (AU:M2M) ) has provided an announcement.
Mt Malcolm Mines NL announced a successful capital raise through its recent offer, receiving excess demand from investors. In response, the company is offering a placement of up to 50 million shares at $0.015 each, raising up to $750,000, with one free option per share. This move aims to strengthen the company’s financial position and expand its issued capital, potentially impacting its control dynamics and market operations.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction and processing of minerals, aiming to expand its market presence through strategic offerings and investments.
Average Trading Volume: 855,415
Technical Sentiment Signal: Sell
Current Market Cap: A$6.52M
For detailed information about M2M stock, go to TipRanks’ Stock Analysis page.