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The latest update is out from Mt Malcolm Mines NL ( (AU:M2M) ).
Mt Malcolm Mines NL has successfully completed the placement of all fully paid ordinary shares under its Shortfall Offer, raising approximately $1,041,788. The company has also secured additional funding of $200,000 from sophisticated investors, which will be used to support ongoing exploration activities at the Malcolm Gold Project and for general working capital purposes. This successful fundraising effort strengthens the company’s financial position and supports its strategic plans in the gold mining sector.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL is a company operating in the mining industry, focusing primarily on the exploration and development of gold projects in Western Australia.
Average Trading Volume: 525,057
Technical Sentiment Signal: Sell
Current Market Cap: A$6.42M
See more data about M2M stock on TipRanks’ Stock Analysis page.