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Mount Ridley Mines Revamps Board and Completes Major Capital Consolidation
6:38pm on Sunday 1st of June, 2025 AEST
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Mining
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Mount Ridley Mines Revamps Board and Completes Major Capital Consolidation
6:38pm on Sunday 1st of June, 2025 AEST
Key Points
Completed 1-for-10 capital consolidation to optimize capital structure
Appointed two new non-executive directors and a new company secretary
Cash reserves stand at $828,000 with additional $620,000 in listed shares
No significant exploration activities during the quarter, focus on portfolio evaluation
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Mount Ridley Mines (ASX:MRD)
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