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An update from Pinnacle Minerals Limited ( (AU:PIM) ) is now available.
Pinnacle Minerals Limited has issued 15,000,000 fully paid ordinary shares as part of Tranche 1 of a previously announced placement. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act 2001, and the company has confirmed compliance with relevant provisions of the Act. The announcement indicates that there is no additional information that needs to be disclosed to investors, suggesting a straightforward and compliant transaction.
More about Pinnacle Minerals Limited
Pinnacle Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker PIM.
Average Trading Volume: 785,119
Technical Sentiment Signal: Buy
Learn more about PIM stock on TipRanks’ Stock Analysis page.