MC Mining Ltd (AU:MCM) has released an update.
MC Mining Limited (MCM) has voluntarily requested an immediate suspension of its securities from the Australian Securities Exchange, pending an announcement about a new subscription agreement. The suspension is to be in effect until the commencement of trading on August 28, 2024, or until the company provides a market update regarding the subscription agreement and its Board structure. This move is aimed to maintain market integrity and the company has confirmed that there are no known impediments to the requested suspension.
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