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Breakthrough Minerals Announces Proposed Securities Issue to Boost Capital

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Breakthrough Minerals Announces Proposed Securities Issue to Boost Capital

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Intra Energy Corporation Limited ( (AU:BTM) ) has shared an announcement.

Breakthrough Minerals Limited announced a proposed issue of securities, including 5,000,000 broker options and 54,333,333 ordinary fully paid shares, with an exercise price of $0.225 and a three-year expiry. This move is expected to enhance the company’s capital base, potentially strengthening its market position and providing additional resources for its ongoing mineral exploration and development projects.

More about Intra Energy Corporation Limited

Breakthrough Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company primarily deals with the extraction and processing of minerals, aiming to capitalize on market demands for raw materials.

Average Trading Volume: 179,943

Technical Sentiment Signal: Sell

Current Market Cap: A$16.16M

Learn more about BTM stock on TipRanks’ Stock Analysis page.

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