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Coda Minerals Enhances Capital Structure with New Share and Option Issuance

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Coda Minerals Enhances Capital Structure with New Share and Option Issuance

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Coda Minerals Ltd ( (AU:COD) ) just unveiled an update.

Coda Minerals Ltd has issued 9,523,810 fully paid ordinary shares at $0.105 per share, along with 2,380,953 options exercisable at $0.15, as part of a follow-on placement. This strategic move is expected to enhance the company’s capital structure and support its ongoing projects, reflecting its compliance with relevant corporate regulations.

More about Coda Minerals Ltd

Coda Minerals Ltd is a company operating in the mining industry, primarily focused on mineral exploration and development. The company is listed on the Australian Securities Exchange under the code COD.

Average Trading Volume: 563,846

Technical Sentiment Signal: Buy

Current Market Cap: A$48.94M

For a thorough assessment of COD stock, go to TipRanks’ Stock Analysis page.

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