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Eagle Mountain Mining Ltd. ( (AU:EM2) ) has provided an announcement.
Eagle Mountain Mining Ltd. announced the completion of a renounceable entitlement offer, resulting in the issuance of over 202 million new shares and over 50 million new options, raising $1.62 million before costs. This move is expected to support the company’s ongoing exploration efforts in Arizona, further positioning Eagle Mountain in the copper-gold exploration industry.
More about Eagle Mountain Mining Ltd.
Eagle Mountain Mining Ltd. is a copper-gold exploration company focusing on the strategic exploration and development of the Wedgetail and Silver Mountain Projects in Arizona, USA, a region known for significant copper discoveries.
Average Trading Volume: 1,762,342
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.62M
Learn more about EM2 stock on TipRanks’ Stock Analysis page.
