Xanadu Mines Ltd ( (AU:XAM) ) just unveiled an announcement.
Xanadu Mines Ltd announced the results of its Extraordinary General Meeting held on April 11, 2025. The meeting included a vote on the ratification of a prior issue of 110,000,004 shares, which was carried with significant support. However, a resolution regarding the exercise of a 25% Put Option in respect of Khuiten Metals Pte Ltd was withdrawn and not put to the meeting, following an earlier announcement about the extension of Zijin Put Option and exclusivity arrangements.
More about Xanadu Mines Ltd
Xanadu Mines Ltd is an exploration company listed on the ASX and TSX, operating primarily in Mongolia. The company focuses on large-scale copper-gold discoveries and aims for low-cost inventory growth. Xanadu holds a significant stake in the Kharmagtai project, a globally recognized copper-gold deposit.
Average Trading Volume: 96,971
Technical Sentiment Signal: Buy
Current Market Cap: $65.39M
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