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Coolabah Metals Ltd. ( (AU:BHM) ) has provided an announcement.
Broken Hill Mines Limited has lodged a cleansing prospectus dated 22 December 2025 with ASIC for a small offer of up to 10 shares at $1.00 each, primarily to remove trading restrictions on shares issued before the closing date under section 708A(11) of the Corporations Act. The offer, which is only open to personally invited investors and must be made using the original application form accompanying the prospectus, is essentially an administrative step that facilitates normal trading in previously issued shares rather than a capital-raising initiative, underscoring the speculative nature of the securities while confirming the company’s compliance with continuous disclosure obligations.
More about Coolabah Metals Ltd.
Broken Hill Mines Limited is an Australian mining company that is a disclosing entity under the Corporations Act and has its registered office in Melbourne, Victoria. Its shares are continuously quoted securities on the Australian market framework, and it operates within the regulatory regime overseen by ASIC and ASX.
Average Trading Volume: 1,317,203
Technical Sentiment Signal: Buy
Current Market Cap: A$316.4M
Find detailed analytics on BHM stock on TipRanks’ Stock Analysis page.