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C29 Metals Resubmits Application for Ulytau Tenement Transfer

Story Highlights

C29 Metals Limited ( (AU:C29) ) just unveiled an announcement.

C29 Metals Limited has resubmitted its application for Ministerial approval to transfer ownership of Ulytau Resources Limited, following an initial refusal. The company is actively engaging with government ministries and has provided additional documentation to support its case. Despite the pause in exploration activities, C29 is optimistic about a favorable outcome, although the timeline for resolution remains uncertain.

More about C29 Metals Limited

C29 Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in energy transition initiatives and is working on projects like the Ulytau tenement.

YTD Price Performance: -18.87%

Average Trading Volume: 519,097

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.49M

For detailed information about C29 stock, go to TipRanks’ Stock Analysis page.

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