Xanadu Mines Ltd (AU:XAM) has released an update.
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Xanadu Mines Ltd has announced a proposed issuance of 10 million fully paid ordinary shares, set to be quoted on the ASX starting November 15, 2024. This move is part of a strategic placement aimed at enhancing the company’s financial standing and attracting investor interest. The issuance reflects Xanadu Mines’ commitment to expanding its market presence and securing additional capital.
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