MC Mining Issues New Shares to Kinetic Development Subsidiary and Confirms Regulatory Compliance
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MC Mining Ltd has issued 47,879,095 fully paid ordinary shares to a subsidiary of Kinetic Development Group, expanding its shareholder base without a full prospectus under Australian law. The company confirmed compliance with financial reporting and continuous disclosure obligations, allowing the new shares to be freely tradable. MC Mining is an Australia-listed resources company active in the mining sector, with a current market cap of A$134.9M.
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