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Star Minerals Ltd. Announces Proposed Securities Issue

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Star Minerals Ltd. Announces Proposed Securities Issue

Star Minerals Ltd. ( (AU:SMS) ) has issued an announcement.

Star Minerals Ltd. has announced a proposed issue of securities, including 10 million unlisted options and 64 million ordinary fully paid shares, set to be issued on March 17, 2025. This move is part of the company’s strategy to strengthen its financial position and support its operational growth, potentially impacting its industry standing and offering new opportunities for stakeholders.

More about Star Minerals Ltd.

Star Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in the extraction and processing of minerals, aiming to expand its market presence and enhance its resource base.

YTD Price Performance: -25.00%

Average Trading Volume: 192,423

Technical Sentiment Consensus Rating: Buy

Learn more about SMS stock on TipRanks’ Stock Analysis page.

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