M3 Mining Ltd. (AU:M3M) has released an update.
M3 Mining Ltd., a Perth-based mineral exploration company, has announced the issuance of 23,974,623 new shares under tranche 2 of their placement without investor disclosure, per compliance with regulatory provisions. With a focus on copper and gold exploration, the company aims to create shareholder value by systematically exploring its strategically located projects that have seen minimal modern exploration. Currently, M3 Mining has a market capitalization of $3.77M with shares priced at $0.045.
For further insights into AU:M3M stock, check out TipRanks’ Stock Analysis page.