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QMines Ltd. ( (AU:QML) ) has shared an announcement.
QMines Ltd. has announced a proposed issue of securities, involving the issuance of 10,000,000 unlisted options and 136,363,637 ordinary fully paid shares. This move is intended to raise capital and support the company’s ongoing projects, potentially strengthening its financial position and operational capabilities in the mining sector.
More about QMines Ltd.
QMines Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and processing of minerals, aiming to enhance its market position through strategic resource development.
Average Trading Volume: 1,251,560
Technical Sentiment Signal: Buy
Current Market Cap: A$33.52M
Learn more about QML stock on TipRanks’ Stock Analysis page.