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Carbine Resources Expands Capital for Silica Sand Projects

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Carbine Resources Expands Capital for Silica Sand Projects

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The latest announcement is out from Carbine Resources Limited ( (AU:CRB) ).

Carbine Resources Limited has announced the issuance of new securities following shareholder approval, including shares to non-related parties and 6466 Investments Pty Ltd, as well as broker options to Taylor Collison. The proceeds from these issues will be used to advance the company’s silica sand projects, support business development, and provide working capital.

More about Carbine Resources Limited

Carbine Resources Limited is a company operating in the mining industry, focusing on silica sand projects. Its primary projects include the Muchea Silica Sand and Down South Silica Sand Projects, which are aimed at expanding its market presence in the silica sand sector.

Current Market Cap: A$6M

Learn more about CRB stock on TipRanks’ Stock Analysis page.

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