Cassius Mining Ltd to Issue 100 Million New Securities

Cassius Mining Ltd ( (AU:CMD) ) has provided an announcement.

Cassius Mining Ltd has announced plans to issue up to 100 million ordinary fully paid securities, with the proposed issue date set for January 16, 2025. This move could potentially enhance the company’s capital structure and provide financial flexibility for its ongoing and future mining projects, thereby impacting its operational capabilities and market positioning.

More about Cassius Mining Ltd

Cassius Mining Ltd is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code CMD.

YTD Price Performance: 20.0%

Average Trading Volume: 1,822,012

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.5M

See more data about CMD stock on TipRanks’ Stock Analysis page.