QMines Ltd. ( (AU:QML) ) has issued an announcement.
QMines Ltd. has issued an addendum to its Notice of General Meeting, introducing a new Resolution 5 which seeks approval to issue up to 33,000,000 shares to Resources & Energy Group Limited. This move is part of the company’s strategic efforts to expand its resource base and potentially enhance its market positioning. The resolution is subject to shareholder approval, and specific voting exclusions apply to ensure fairness and compliance with listing rules.
More about QMines Ltd.
QMines Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in extracting and processing minerals, with a market focus on expanding its resource base and enhancing shareholder value.
YTD Price Performance: -30.0%
Technical Sentiment Signal: Buy
Current Market Cap: €9.83M
For detailed information about QML stock, go to TipRanks’ Stock Analysis page.