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Pinnacle Minerals Limited ( (AU:PIM) ) has provided an update.
Pinnacle Minerals Limited announced the issuance of 43,634,185 fully paid ordinary shares and 37,500,000 options as part of a placement approved by shareholders. This move is part of the company’s capital-raising efforts to support its operations and growth strategy, indicating a proactive approach to securing financial resources for future projects.
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: 475,963
Technical Sentiment Signal: Buy
For detailed information about PIM stock, go to TipRanks’ Stock Analysis page.