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Coda Minerals Ltd ( (AU:COD) ) just unveiled an update.
Coda Minerals Ltd has announced the dispatch of a prospectus for its fully underwritten, non-renounceable pro-rata entitlement offer to raise $8.33 million. The funds will be used to advance pre-feasibility studies and project development at the Elizabeth Creek Copper-Silver Project. The entitlement offer provides eligible shareholders the opportunity to purchase new shares and options, with the offer underwritten by Leeuwin Wealth Pty Ltd. The proceeds will also cover the costs of the offer and general working capital.
More about Coda Minerals Ltd
Coda Minerals Ltd is an Australian company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary project is the Elizabeth Creek Copper-Silver Project, where it is conducting pre-feasibility studies and project development.
Average Trading Volume: 503,886
Technical Sentiment Signal: Buy
Current Market Cap: A$46.66M
Find detailed analytics on COD stock on TipRanks’ Stock Analysis page.