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Coolabah Metals Ltd. ( (AU:CBH) ) just unveiled an announcement.
Coolabah Metals Ltd. has announced its acquisition and development plans for the Rasp Mine and a commercial transaction concerning the Pinnacles Mine in Broken Hill, NSW. The company intends to raise between A$3 million and A$4 million through a public offer to fund these projects, aiming to enhance its mineral resource base and strengthen its position in the mining sector.
More about Coolabah Metals Ltd.
Coolabah Metals Ltd., soon to be renamed Broken Hill Mines Ltd., operates within the mineral exploration and development industry. The company focuses on the acquisition and development of mineral resources, particularly silver, lead, and zinc, in the renowned mining region of Broken Hill, New South Wales, Australia.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Strong Sell
See more insights into CBH stock on TipRanks’ Stock Analysis page.