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Medallion Metals Issues Over One Million Shares Post Options Exercise

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Medallion Metals Issues Over One Million Shares Post Options Exercise

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Medallion Metals Ltd ( (AU:MM8) ) has shared an update.

Medallion Metals Limited has announced the issuance of 1,071,500 ordinary shares following the exercise of Unlisted Options. This move indicates a strategic step in raising capital and enhancing the company’s financial position without the need for disclosure to investors under the specific provisions of the Corporations Act.

More about Medallion Metals Ltd

Medallion Metals Limited operates within the mining industry, focusing on the exploration and development of mineral resources. The company’s activities are centered around extracting valuable minerals and metals, with a market focus on investors interested in the mining sector.

YTD Price Performance: 37.50%

Average Trading Volume: 651,831

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$73.53M

Find detailed analytics on MM8 stock on TipRanks’ Stock Analysis page.

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