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Codrus Minerals Ltd ( (AU:CDR) ) has shared an update.
Codrus Minerals Ltd has announced a proposed issue of 10 million unlisted options with an exercise price of $0.05 and a three-year expiry. This move is part of a placement or other type of issue, and the proposed issue date is set for July 11, 2025. This issuance could potentially enhance the company’s capital structure and provide additional resources for its exploration activities, impacting its operational capabilities and market positioning.
More about Codrus Minerals Ltd
Codrus Minerals Ltd is a company operating in the minerals industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code CDR.
Average Trading Volume: 275,783
Technical Sentiment Signal: Buy
For a thorough assessment of CDR stock, go to TipRanks’ Stock Analysis page.