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OAR Resources Ltd ( (AU:CR3) ) has issued an announcement.
Core Energy Minerals Limited has secured $750,000 in short-term loans and raised $3.7 million through a share placement to fund its exploration activities. Appointments of experienced personnel, including Charles Nesbitt and Christopher Wiener, aim to strengthen its operations. The company is set to explore new projects in South Australia and Brazil, positioning itself for an active year ahead, with plans for drilling campaigns and field exploration to unlock value for shareholders.
More about OAR Resources Ltd
Core Energy Minerals Limited, formerly known as Oar Resources Limited, operates in the mining and exploration industry with a focus on uranium. The company is expanding its portfolio by acquiring interests in promising uranium projects in South Australia and collaborating with Indústrias Nucleares do Brasil to develop uranium feedstocks in Brazil.
YTD Price Performance: 0%
Average Trading Volume: 11,387
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.95M
For an in-depth examination of CR3 stock, go to TipRanks’ Stock Analysis page.
