Xanadu Mines Ltd (AU:XAM) has released an update.
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Xanadu Mines Ltd has announced a proposed issue of 26,515,543 fully paid ordinary shares, with the issuance date slated for January 6, 2025. This move aims to raise capital through a placement or similar type of issue, potentially attracting investor interest in the mining sector. Investors will be keen to see how this impacts the company’s market performance.
For further insights into AU:XAM stock, check out TipRanks’ Stock Analysis page.
