DMC Mining Limited’s General Meeting to Consider Major Capital Raising

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The latest update is out from DMC Mining Ltd. ( (AU:DMM) ).

DMC Mining Limited has announced a General Meeting to be held on February 10, 2025, at which shareholders will vote on a significant capital raising initiative. The proposal involves the issuance of up to 120 million shares at $0.05 each, aimed at raising capital for the company’s operations. Shareholders registered by February 8, 2025, will be eligible to vote, and the meeting is critical as it directly impacts shareholding and voting rights.

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YTD Price Performance: -3.33%

Technical Sentiment Consensus Rating: Buy

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

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