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Mamba Exploration Director Increases Stake Through Share Placement

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Mamba Exploration Director Increases Stake Through Share Placement

Mamba Exploration Ltd. ( (AU:M24) ) has issued an announcement.

Mamba Exploration Limited announced a change in the director’s interest, specifically regarding Felicity Repacholi. The director acquired 1,000,000 fully paid ordinary shares through participation in a share placement, increasing her total holding to 1,400,000 shares. This acquisition reflects a strategic move within the company, potentially indicating confidence in the company’s future prospects and stability, which could have implications for stakeholders and market perception.

More about Mamba Exploration Ltd.

YTD Price Performance: 16.67%

Average Trading Volume: 565,682

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.13M

For a thorough assessment of M24 stock, go to TipRanks’ Stock Analysis page.

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