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Coolabah Metals Secures ASX Waiver for Extended Securities Issuance

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Coolabah Metals Secures ASX Waiver for Extended Securities Issuance

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The latest update is out from Coolabah Metals Ltd. ( (AU:CBH) ).

Coolabah Metals Limited, an entity listed on the Australian Securities Exchange (ASX), has been granted a waiver from ASX Listing Rule 14.7 regarding the timing of issuing certain securities approved by shareholders. This waiver allows the company to issue these securities by 31 March 2025, an extension from the initially planned date of 28 February 2025, due to pending conditions such as raising the minimum subscription under the public offer. The company’s ability to delay the issuance of these securities might affect its operational timelines and strategic financial transactions, providing flexibility in completing necessary conditions for its public offer.

More about Coolabah Metals Ltd.

Technical Sentiment Consensus Rating: Strong Sell

For an in-depth examination of CBH stock, go to TipRanks’ Stock Analysis page.

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