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Power Minerals Limited Announces Proposed Securities Issue

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Power Minerals Limited Announces Proposed Securities Issue

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An update from PepinNini Minerals Limited ( (AU:PNN) ) is now available.

Power Minerals Limited has announced a proposed issue of securities, including options and ordinary shares, as part of a placement or other type of issue. The new securities will be exercisable at $0.10 and are set to expire on December 31, 2029, with a proposed issue date of June 23, 2025. This move is likely aimed at raising capital for the company’s operations and could impact its market positioning by potentially increasing its financial resources and shareholder base.

More about PepinNini Minerals Limited

YTD Price Performance: -5.00%

Technical Sentiment Signal: Buy

Current Market Cap: $5.23M

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

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