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QMines Ltd. ( (AU:QML) ) has provided an announcement.
QMines Limited has announced the imminent release of 10,261,194 shares from voluntary escrow, which were initially due for release on 27 February 2025. This update, approved by the company’s board, aligns with their strategic objectives to enhance operational flexibility and potentially impact their market positioning by increasing share liquidity.
More about QMines Ltd.
QMines Limited (ASX:QML) is a Queensland-focused copper and gold development company. The company owns 100% rights to the Mt Chalmers and Develin Creek projects, both located near Rockhampton, Queensland. Mt Chalmers is a historic high-grade mine, and the company aims to make new discoveries, commercialize existing deposits, and transition towards sustainable copper and gold production.
YTD Price Performance: -20.69%
Average Trading Volume: 104,859
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €11.2M
For detailed information about QML stock, go to TipRanks’ Stock Analysis page.