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An update from Codrus Minerals Ltd ( (AU:CDR) ) is now available.
Codrus Minerals Limited, a company involved in mining and exploration, has entered into a Binding Heads of Agreement with Moho Resources Limited regarding its Middle Creek Project. This agreement involves the surrender and sale of prospecting licenses held by Codrus, which were nearing expiration, in exchange for 15,000,000 fully paid ordinary shares in Moho Resources. This strategic move could impact Codrus’s operational focus and market positioning by potentially shifting resources or focus to other projects, while also providing Moho Resources with expanded exploration opportunities.
More about Codrus Minerals Ltd
Average Trading Volume: 673,440
Technical Sentiment Signal: Sell
Find detailed analytics on CDR stock on TipRanks’ Stock Analysis page.