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Why Bayan Mining’s Directors Just Invested $300K in Shares and Options

2:20am on Monday 2nd of June, 2025 AEST Mining
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Why Bayan Mining’s Directors Just Invested $300K in Shares and Options

2:20am on Monday 2nd of June, 2025 AEST
Key Points
  • Directors subscribed to $300,000 placement approved by shareholders
  • 6.38 million new shares issued at $0.047 each
  • Free attaching unlisted options exercisable at $0.075 expiring in 2028
  • Lead manager 62 Capital to receive 6% fee paid in shares
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