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De Grey Mining Plans Major Securities Issue

De Grey Mining Ltd (AU:DEG) has released an update.

De Grey Mining Limited has announced a significant new securities issue, proposing to issue up to 232,863,588 ordinary fully paid shares under an accelerated offer, with trading resuming on 10/5/2024. Additionally, a further 312,619,366 shares are proposed for issuance by placement or other methods, with a proposed issue date of 16/5/2024.

For further insights into AU:DEG stock, check out TipRanks’ Stock Analysis page.

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