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Cornish Metals ( (TSE:CUSN) ) has issued an update.
Cornish Metals Inc. announced the successful results of a Special Meeting of shareholders, where all proposed resolutions were approved, facilitating a significant fundraising effort to raise approximately £57.4 million. This approval is pivotal for the company’s strategic financial initiatives, including the creation of the National Wealth Fund Limited as a new control person and the adoption of a performance share plan, which are expected to enhance its operational capabilities and market positioning.
More about Cornish Metals
Cornish Metals Inc. is a mineral exploration and development company focused on advancing its fully owned and permitted South Crofty tin project in Cornwall, United Kingdom.
YTD Price Performance: -9.38%
Average Trading Volume: 30,329
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$100.4M
For an in-depth examination of CUSN stock, go to TipRanks’ Stock Analysis page.