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Mt Malcolm Mines NL (ASX:M2M)

ALERT: Price-sensitive ASX Announcement for M2M
Current share price for M2M : $0.007 0 (0%)+
Announcement
Release
19 Jun 2026 9:10AM
Price at Release
$0.007
Full Release
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Summary
Mt Malcolm Mines NL, trading as M2M on the ASX, announced the successful placement of the entitlement offer shortfall, raising an additional $769,773 before costs. This resulted in the issuance of 109,967,599 new fully paid ordinary shares. The funds will be utilized for a processing plant study to assess the feasibility of a CIP facility at Leonora, WA, and to advance exploration targets at the Malcolm Gold Project. The placement was managed by Mahe Capital Pty Ltd, with new securities to be issued on June 19, 2026.
Key Points
  • Successful placement of entitlement offer shortfall raising $769,773.
  • Issuance of 109,967,599 new fully paid ordinary shares.
  • Funds to be used for processing plant study and exploration targets at Malcolm Gold Project.
  • Mahe Capital Pty Ltd acted as Lead Manager.
  • New securities to be issued on June 19, 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.