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Why Did M3 Mining Abandon Its Energy Ambitions and Sell M3 Energy?
1:37am on Monday 2nd of June, 2025 AEST
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Mining
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Why Did M3 Mining Abandon Its Energy Ambitions and Sell M3 Energy?
1:37am on Monday 2nd of June, 2025 AEST
Key Points
M3 Mining cancels proposed energy acquisition and capital placement
Subsidiary M3 Energy sold to UK-based Jerboa Energy Ltd
Transaction includes upfront payment and future participation rights
Company refocuses on Edjudina Gold and Victoria Bore Copper projects
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M3 Mining (ASX:M3M)
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