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The latest update is out from Cornish Metals ( (TSE:CUSN) ).
Cornish Metals Inc. has successfully closed the final tranche of its fundraising initiative, raising approximately £46.7 million to support the development of its South Crofty Tin Mine. This funding will be used for shaft refurbishment, de-watering, and early project works, positioning the company for a formal investment decision. Additionally, the company has appointed Mr. James Whiteside as a Non-Executive Director, which may enhance its strategic direction and governance.
More about Cornish Metals
Cornish Metals Inc. is a mineral exploration and development company primarily focused on advancing its South Crofty tin project located in Cornwall, United Kingdom.
YTD Price Performance: -4.38%
Average Trading Volume: 39,320
Technical Sentiment Signal: Hold
Current Market Cap: C$102.4M
For an in-depth examination of CUSN stock, go to TipRanks’ Stock Analysis page.