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Canterbury Resources Ltd. ( (AU:CBY) ) has provided an update.
Canterbury Resources Limited has announced a share purchase plan (SPP) to raise approximately $0.75 million through the issuance of fully paid ordinary shares at a discounted price. The funds will be utilized for project generation, exploration at Jack Shay and Peenam, and working capital, while other projects will be funded by joint venture partners.
More about Canterbury Resources Ltd.
Canterbury Resources Limited is a company involved in the mining industry, focusing on exploration and development of mineral projects. Its portfolio includes projects in Queensland, Australia and Papua New Guinea, with interests in copper and other mineral resources.
Average Trading Volume: 314,851
Technical Sentiment Signal: Sell
Current Market Cap: A$4.36M
Find detailed analytics on CBY stock on TipRanks’ Stock Analysis page.