Non-Renounceable Rights Issue to Raise up to $2.066 million
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Mt Malcolm Mines NL has announced a pro rata Non-Renounceable Rights Issue to raise funds for its growth initiatives and exploration projects. Eligible shareholders can apply for new shares at a specified price, with the offer set to close in late May. The funds will support exploration at the Malcolm Gold Project and a processing plant study for a potential facility.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Mt Malcolm Mines NL
- Golden Crown and Dumbarton Maiden MRE
- Geological Interpretation Advances Golden Crown JORC
- M2M Makes Key Appointments
- Quarterly Activities and Cashflow Report
- M2M Secures 500k TPA Processing Mill
Later from Mt Malcolm Mines NL
- Non-Renounceable Rights Issue - Revised Terms
- Exploration Drilling Planned at Calypso
- Completion of Rights Issue
- New Golden Crown Drilling Targets Resource Growth
- Drilling to Commence at Calypso
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