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Ballard Mining Secures $20.6 Million Through Strategic Share Placement

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Ballard Mining Secures $20.6 Million Through Strategic Share Placement

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An update from Ballard Mining Limited ( (AU:BM1) ) is now available.

Ballard Mining Limited has announced the issuance of 37,383,199 fully paid ordinary shares to Aurenne Group Holdings Pty Ltd and existing shareholders, raising approximately $20.6 million. This strategic placement aims to strengthen the company’s financial position and potentially enhance its market presence.

The most recent analyst rating on (AU:BM1) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Ballard Mining Limited stock, see the AU:BM1 Stock Forecast page.

More about Ballard Mining Limited

Average Trading Volume: 943,156

Find detailed analytics on BM1 stock on TipRanks’ Stock Analysis page.

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