Castle Minerals Completes Capital Consolidation

Castle Minerals Limited ( (AU:CDT) ) just unveiled an update.

Castle Minerals Limited has completed a capital consolidation on a 30 to 1 ratio, as approved by shareholders, resulting in a new capital structure. This consolidation is expected to streamline the company’s operations and potentially enhance its market positioning. New holding statements are being issued to security holders, and trading on a post-consolidation basis will commence on April 15, 2025.

More about Castle Minerals Limited

Castle Minerals Limited is an Australian Securities Exchange (ASX: CDT) listed company based in Perth, Western Australia. It holds interests in projects located in Ghana and Western Australia, focusing on gold, graphite, and base metals. In Ghana, the company owns the Kpali Gold Project and the Kambale Graphite Project, which are being evaluated for battery-grade material production. In Western Australia, Castle is exploring options for its Polelle and Wanganui projects, and it has interests in the Terra Rossa copper-zinc project and the Beasley Creek Project, which are prospective for gold, lithium, and base metals.

Average Trading Volume: 67,552

Technical Sentiment Signal: Buy

Current Market Cap: A$3.86M

See more data about CDT stock on TipRanks’ Stock Analysis page.