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Why Did Mount Ridley Mines’ Entitlement Offer Fall Short by 202 Million Shares?
9:47am on Tuesday 16th of September, 2025 AEST
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Mining
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Why Did Mount Ridley Mines’ Entitlement Offer Fall Short by 202 Million Shares?
9:47am on Tuesday 16th of September, 2025 AEST
Key Points
Entitlement offer raised $190,910 from 95 million new shares
Offer priced at $0.002 per new share with free attaching options
Total potential raise was $596,842, but large shortfall remains
202 million new shares were not taken up by shareholders
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MOUNT RIDLEY MINES (ASX:MRD)
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