TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Corazon Mining Limited ( (AU:CZN) ) has shared an update.
Corazon Mining Limited has successfully raised $1.8 million through a placement to sophisticated and institutional investors, aimed at accelerating its Western Australian gold strategy. The funds will be used to initiate a maiden drill program at the Two Pools and Feather Cap Gold Projects, following the granting of key exploration tenements. This strategic move positions Corazon to fast-track exploration activities, potentially enhancing its market position and providing critical geological data for future exploration endeavors.
More about Corazon Mining Limited
Corazon Mining Limited is a company operating in the mining industry, focusing on gold exploration and development. Its primary market focus is on its Western Australian gold projects, including the Feather Cap and Two Pools Gold Projects.
Average Trading Volume: 145,230
Technical Sentiment Signal: Sell
Current Market Cap: A$9.12M
For a thorough assessment of CZN stock, go to TipRanks’ Stock Analysis page.