Corazon Mining to List 500,000 New Shares Under Land Access Agreement

Corazon Mining Limited ( (AU:CZN) ) has issued an update.

Corazon Mining Limited has applied for the quotation of 500,000 new ordinary fully paid shares on the ASX, to be issued under the ticker CZN. The securities are being issued to the Marputu Aboriginal Corporation in accordance with a Land Access Agreement, indicating a formalised arrangement with a local Aboriginal stakeholder that supports the company’s ability to access and progress its projects on agreed land, with implications for both community relations and Corazon’s ongoing operational activities.

The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Corazon Mining Limited stock, see the AU:CZN Stock Forecast page.

More about Corazon Mining Limited

Corazon Mining Limited is an ASX-listed resources company operating in the mining sector, with its ordinary fully paid shares traded under the code CZN.

Average Trading Volume: 217,320

Technical Sentiment Signal: Sell

Current Market Cap: A$9.32M

Find detailed analytics on CZN stock on TipRanks’ Stock Analysis page.