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My Rewards International Limited Announces Proposed Securities Issue

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My Rewards International Limited Announces Proposed Securities Issue

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My Rewards International Limited ( (AU:MRI) ) has issued an announcement.

My Rewards International Limited has announced a proposed issue of securities, including director options and other options, as part of a placement or other type of issue. The company plans to issue a total of 216,000,000 securities, with director options exercisable at $0.05 and $0.10, and additional options exercisable at $0.0125. This move is likely aimed at raising capital and could impact the company’s market position by potentially increasing its financial flexibility.

More about My Rewards International Limited

Average Trading Volume: 20,000

Technical Sentiment Signal: Sell

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

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