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North Stawell Minerals, Ltd. ( (AU:NSM) ) just unveiled an update.
North Stawell Minerals Ltd announced a proposed issue of securities, planning to release a total of 121,928,111 ordinary fully paid shares. This includes a standard pro rata issue of 71,928,111 shares and a placement of 50,000,000 shares. The announcement outlines key dates for the issue, with the ex-date set for June 18, 2025, and the issue date on July 18, 2025. This move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market positioning and stakeholder interests.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources.
Average Trading Volume: 715,056
Technical Sentiment Signal: Sell
Current Market Cap: A$8.76M
For detailed information about NSM stock, go to TipRanks’ Stock Analysis page.