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Native Mineral Resources Expands Capital Base with New Securities Issuance

Story Highlights
  • Native Mineral Resources operates in the mining industry, focusing on mineral exploration.
  • The company issued 125,162,908 new securities on the ASX to enhance its capital base.
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Native Mineral Resources Expands Capital Base with New Securities Issuance

Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an update.

Native Mineral Resources Holdings Ltd has announced the issuance and quotation of 125,162,908 new ordinary fully paid securities on the ASX, effective February 24, 2025. This move is part of a transaction previously announced and aligns with the company’s strategic objectives to strengthen its market position and enhance shareholder value by expanding its capital base.

More about Native Mineral Resources Holdings Ltd.

Native Mineral Resources Holdings Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code NMR.

YTD Price Performance: 65.00%

Average Trading Volume: 1,327,494

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$38.82M

See more insights into NMR stock on TipRanks’ Stock Analysis page.

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