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Fertoz ( (AU:CP8) ) has shared an update.
Canadian Phosphate Limited announced the issuance of 40,000,000 fully paid ordinary shares to both new and existing shareholders, aiming to strengthen its shareholder base and operational funding. This move aligns with regulatory compliance under the Corporations Act and positions the company for continued strategic growth in the phosphate industry, enhancing support for its key projects and ongoing developments.
More about Fertoz
Canadian Phosphate Limited operates in the phosphate industry, focusing primarily on the exploration and development of phosphate-based projects. The company owns key projects such as Wapiti and Fernie, both of which are fully owned and central to its market focus on sustainable agriculture and fertilizer solutions.
YTD Price Performance: 192.00%
Average Trading Volume: 115,851
Technical Sentiment Signal: Hold
Current Market Cap: A$22.39M
Learn more about CP8 stock on TipRanks’ Stock Analysis page.