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Canterbury Resources Expands with New Acquisition

Story Highlights
  • Canterbury Resources issued 5 million shares and options for Molcopnick acquisition.
  • The new securities will rank equally with existing shares, supporting strategic growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Canterbury Resources Expands with New Acquisition

Confident Investing Starts Here:

An announcement from Canterbury Resources Ltd. ( (AU:CBY) ) is now available.

Canterbury Resources Limited has announced the issuance of 5,000,000 fully paid ordinary shares and 5,000,000 options as part of the acquisition of Molcopnick Pty Ltd. These securities were issued under the company’s placement capacity and will rank equally with existing shares, reflecting Canterbury’s strategic expansion efforts.

More about Canterbury Resources Ltd.

Average Trading Volume: 155,940

Technical Sentiment Signal: Sell

Current Market Cap: A$4.05M

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

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