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MTM Critical Metals Expands Share Issuance to Support Growth

Story Highlights
  • MTM Critical Metals issued 2,150,000 shares after converting unlisted options.
  • This move supports MTM’s operations in metal recovery and exploration, enhancing market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MTM Critical Metals Expands Share Issuance to Support Growth

Confident Investing Starts Here:

An update from Mt Monger Resources Ltd. ( (AU:MTM) ) is now available.

MTM Critical Metals Limited has issued 2,150,000 ordinary fully paid shares following the conversion of unlisted options, without disclosure under the Corporations Act. This strategic move aligns with the company’s compliance with relevant provisions and supports its ongoing operations in metal recovery and mineral exploration, potentially enhancing its market position and offering economic and environmental benefits through innovative technologies.

More about Mt Monger Resources Ltd.

MTM Critical Metals Limited is an ASX-listed company based in Perth, Western Australia, focusing on metal recovery technology and mineral exploration. The company owns Flash Metals USA Inc, a subsidiary in Texas, and holds exclusive rights to Flash Joule Heating technology developed by Rice University. MTM’s exploration assets are rich in niobium, rare earth elements, and gold, located in Western Australia and Québec.

Average Trading Volume: 5,069,484

Technical Sentiment Signal: Buy

Current Market Cap: A$169.7M

Learn more about MTM stock on TipRanks’ Stock Analysis page.

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