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Mt Malcolm Mines NL Issues New Shares to Bolster Capital

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Mt Malcolm Mines NL ( (AU:M2M) ) has issued an announcement.

Mt Malcolm Mines NL, a company listed on the Australian Securities Exchange, has issued 30,434,790 fully paid ordinary shares as part of a placement announced earlier in April 2025. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act 2001, and the company has confirmed compliance with relevant legal requirements. This move could potentially enhance the company’s capital base, impacting its operational capabilities and market positioning.

More about Mt Malcolm Mines NL

YTD Price Performance: 30.0%

Average Trading Volume: 980,164

Technical Sentiment Signal: Buy

Current Market Cap: A$6.79M

For detailed information about M2M stock, go to TipRanks’ Stock Analysis page.

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