Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Coolabah Metals Ltd. ( (AU:CBH) ) has issued an announcement.
Coolabah Metals Limited has announced the early closure of its public offer, having received applications exceeding the maximum raise amount of $20 million at $0.35 per share. This strong investor demand is part of the company’s acquisition of Broken Hill Mines Pty Ltd and its compliance with ASX listing rules. Subject to shareholder approval, the company will proceed with the transaction and resume trading under the new name, Broken Hill Mines Limited.
More about Coolabah Metals Ltd.
Coolabah Metals Limited, soon to be renamed Broken Hill Mines Limited, operates in the mining industry. The company focuses on acquiring and developing mining assets, with a particular emphasis on the Broken Hill region.
Technical Sentiment Signal: Strong Buy
Learn more about CBH stock on TipRanks’ Stock Analysis page.