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CuFe Limited ( (AU:CUF) ) has provided an announcement.
CuFe Ltd has announced the issuance of 20,000,000 shares following the exercise of unlisted options at $0.009, set to expire in November 2026. This move reflects the company’s compliance with relevant provisions of the Corporations Act and indicates a strategic step in enhancing its capital structure, potentially impacting its market positioning and stakeholder interests.
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, which are prospective for iron ore, copper, and gold.
YTD Price Performance: 360.0%
Average Trading Volume: 7,230,496
Technical Sentiment Signal: Buy
Current Market Cap: A$77.11M
For a thorough assessment of CUF stock, go to TipRanks’ Stock Analysis page.