The latest announcement is out from Bastion Minerals Ltd ( (AU:BMO) ).
Bastion Minerals Ltd has announced a proposed non-pro rata issue of up to 1,000,000 fully paid ordinary securities. This move is part of the company’s strategy to raise capital under a disclosure document or product disclosure statement, with the securities expected to be quoted on the ASX. The closing date for acceptances is set for May 7, 2025, and the issue date is scheduled for June 13, 2025. This capital raising initiative is likely aimed at supporting the company’s operational growth and strengthening its position in the mining sector.
More about Bastion Minerals Ltd
Bastion Minerals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Technical Sentiment Signal: Buy
Current Market Cap: A$2.53M
Learn more about BMO stock on TipRanks’ Stock Analysis page.