Mt Malcolm Mines NL (AU:M2M) has released an update.
Mt Malcolm Mines NL has announced an offer of up to 21 million new options for participants in a recent placement, with an entitlement of one new option for every two shares issued. The prospectus, dated April 10, 2024, emphasizes that the investment is highly speculative and advises potential investors to consult professional advisers. The offer is limited to investors in Australia and New Zealand, and it must be acted upon within 13 months from the prospectus date.
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