Mining, Minerals & Metals plc (GB:MMM) has released an update.
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Mining, Minerals & Metals plc (MMM) has announced a major acquisition of Georgina Energy plc, planning to finance the deal with a £5 million share placement and a shareholder vote at an upcoming General Meeting. The deal includes a share consolidation, a company name change to Georgina Energy plc, and several board changes. Shareholders can access the prospectus and meeting details on the company’s website, with key events scheduled to conclude by the end of July 2024.
For further insights into GB:MMM stock, check out TipRanks’ Stock Analysis page.