The latest update is out from Impact Minerals Limited ( (AU:IPT) ).
Impact Minerals Limited has announced a proposed issue of 37,774,040 ordinary fully paid securities as part of a placement or other type of issue. This move is aimed at raising capital to support the company’s ongoing exploration and development activities, potentially strengthening its financial position and enhancing its capacity to pursue strategic opportunities in the mining sector.
More about Impact Minerals Limited
Impact Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and development of precious and base metals, with a market focus on expanding its resource base and enhancing shareholder value.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.42M
See more insights into IPT stock on TipRanks’ Stock Analysis page.