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Canterbury Resources Ltd. ( (AU:CBY) ) has issued an announcement.
Canterbury Resources Limited has extended the closing date for its 2025 Share Purchase Plan (SPP) to October 22, 2025, aiming to raise approximately $0.75 million through the issuance of fully paid ordinary shares. The funds will support project generation, exploration activities, and working capital. Notably, the company is advancing two significant initiatives at its Briggs project, including a Scoping Study for a large-scale mining operation and a deep drilling program, both of which could significantly impact Canterbury’s future operations.
More about Canterbury Resources Ltd.
Canterbury Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary activities involve project generation and exploration, with a particular emphasis on copper concentrate production. The company is actively engaged in projects such as Jack Shay, Peenam, Briggs, Bismarck, and Morobe, with some projects funded through partnerships.
Average Trading Volume: 240,269
Technical Sentiment Signal: Sell
Current Market Cap: A$4.36M
See more data about CBY stock on TipRanks’ Stock Analysis page.