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CuFe Ltd Issues 15 Million Shares Amid Strategic Expansion

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CuFe Ltd Issues 15 Million Shares Amid Strategic Expansion

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The latest announcement is out from CuFe Limited ( (AU:CUF) ).

CuFe Ltd has announced the issuance of 15 million shares following the exercise of unlisted options at $0.019, set to expire on November 29, 2025. This issuance, conducted without disclosure under the Corporations Act, signifies CuFe’s compliance with relevant legal provisions and reflects its strategic focus on enhancing its market presence in the copper and iron ore sectors.

More about CuFe Limited

CuFe Ltd is an emerging company in the copper and iron ore industry, focusing on high-grade premium iron ore projects and copper, a strategic metal. The company holds interests in various projects and tenements in Australia, prospective for iron ore, copper, and gold.

YTD Price Performance: 320.0%

Average Trading Volume: 7,075,955

Technical Sentiment Signal: Buy

Current Market Cap: A$71.26M

For an in-depth examination of CUF stock, go to TipRanks’ Overview page.

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