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Waratah Minerals Issues 20.3 Million Shares to Boost Capital

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Waratah Minerals Issues 20.3 Million Shares to Boost Capital

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Battery Minerals Ltd. ( (AU:WTM) ) has provided an update.

Waratah Minerals Limited, trading on the ASX under the symbol WTM, has announced the issuance of 20,300,000 fully paid ordinary shares at a price of $0.575 per share. This move, conducted without disclosure under Part 6D.2 of the Corporations Act, indicates the company’s compliance with relevant provisions of the Corporations Act and suggests no excluded information that would affect investors’ assessments. This strategic issuance is likely aimed at raising capital to support the company’s operations and growth, potentially impacting its market positioning and offering new opportunities for stakeholders.

More about Battery Minerals Ltd.

Average Trading Volume: 966,383

Technical Sentiment Signal: Buy

Current Market Cap: A$178.9M

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

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