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Power Minerals Limited Issues New Shares and Options

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Power Minerals Limited Issues New Shares and Options

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PepinNini Minerals Limited ( (AU:PNN) ) has issued an update.

Power Minerals Limited has announced the issuance of 23,486,112 fully paid ordinary shares and 41,687,500 listed options without disclosure to investors under the Corporations Act 2001. This move, compliant with relevant legal provisions, indicates the company’s strategic financial maneuvering, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (AU:PNN) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on PepinNini Minerals Limited stock, see the AU:PNN Stock Forecast page.

More about PepinNini Minerals Limited

Average Trading Volume: 4,422,336

Technical Sentiment Signal: Sell

Current Market Cap: A$22.13M

For a thorough assessment of PNN stock, go to TipRanks’ Stock Analysis page.

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