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An update from Canterbury Resources Ltd. ( (AU:CBY) ) is now available.
Canterbury Resources Limited has announced a proposed issue of 60,000,000 fully paid ordinary securities under a securities purchase plan. This move is aimed at raising capital to support the company’s ongoing exploration and development projects, potentially enhancing its operational capabilities and market positioning within the mining sector.
More about Canterbury Resources Ltd.
Canterbury Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in discovering and developing copper and gold deposits, aiming to capitalize on the growing demand for these commodities in the global market.
Average Trading Volume: 314,851
Technical Sentiment Signal: Sell
Current Market Cap: A$4.36M
For detailed information about CBY stock, go to TipRanks’ Stock Analysis page.