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QMines Limited Issues 10 Million Unlisted Options

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QMines Limited Issues 10 Million Unlisted Options

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QMines Ltd. ( (AU:QML) ) has issued an announcement.

QMines Limited has announced the issuance of 10,000,000 unlisted options, exercisable at $0.0825 and expiring on December 15, 2028. This move, part of a previously announced transaction, reflects QMines’ ongoing efforts to manage its equity securities strategically, potentially impacting its financial structure and stakeholder interests.

The most recent analyst rating on (AU:QML) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on QMines Ltd. stock, see the AU:QML Stock Forecast page.

More about QMines Ltd.

YTD Price Performance: -7.41%

Average Trading Volume: 1,897,500

Technical Sentiment Signal: Sell

Current Market Cap: A$31.72M

For an in-depth examination of QML stock, go to TipRanks’ Overview page.

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