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Codrus Minerals Raises $1.24 Million Through Share Issuance

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Codrus Minerals Raises $1.24 Million Through Share Issuance

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Codrus Minerals Ltd ( (AU:CDR) ) has shared an update.

Codrus Minerals Limited has successfully raised approximately $1.24 million by issuing over 41 million ordinary shares at $0.03 each to sophisticated and professional investors. This capital raising effort aims to bolster the company’s financial position and support its ongoing operations. The shares were issued without disclosure under the Corporations Act, and the company has confirmed compliance with relevant legislative provisions, ensuring transparency and regulatory adherence.

More about Codrus Minerals Ltd

Average Trading Volume: 302,285

Technical Sentiment Signal: Buy

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

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