Mindax Limited Announces Proposed Issue of 53 Million Securities
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Mindax Limited (AU:MDX) has announced a proposed issuance of 53 million securities in the form of options, set to expire on November 30, 2025, with an exercise price of $0.07. This move aims to generate capital to enhance the company's financial standing and operational capabilities within the mining industry, where it focuses on exploring and developing mineral resources. The current market cap is A$88.1M, with a year-to-date price performance of 7.50% and a strong buy consensus rating.
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