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Black Canyon Limited ( (AU:BCA) ) has issued an update.
Black Canyon Limited announced the issuance of 750,000 fully paid ordinary shares following the exercise of unlisted options. This move is part of the company’s ongoing compliance with the Corporations Act 2001, as it continues to strengthen its position in the manganese mining industry. The announcement underscores Black Canyon’s strategic focus on expanding its resource base and enhancing its market presence in the critical minerals sector.
More about Black Canyon Limited
Black Canyon Limited is a mining company with a significant landholding of 2,000 square kilometers in the underexplored Balfour Manganese Field and across the Oakover Basin in Western Australia. The company focuses on manganese exploration and holds several exploration licenses either fully or through joint ventures. Black Canyon has defined a Global Mineral Resource of 314 million tonnes of manganese across its projects, with manganese being a critical component in steel manufacturing and lithium-ion battery production.
Average Trading Volume: 562,224
Technical Sentiment Signal: Buy
Current Market Cap: A$69.31M
See more data about BCA stock on TipRanks’ Stock Analysis page.