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CuFe Ltd Issues New Shares Following Option Exercise

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CuFe Ltd Issues New Shares Following Option Exercise

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CuFe Limited ( (AU:CUF) ) just unveiled an update.

CuFe Ltd has announced the issuance of 7,777,778 shares following the exercise of unlisted options at $0.009, set to expire on 27 November 2026. This move is part of the company’s strategic operations, with the shares being issued without disclosure under Part 6D.2 of the Corporations Act 2001. The announcement reflects CuFe’s compliance with relevant provisions of the Act, indicating a transparent and regulated approach to its financial activities, potentially impacting its market positioning and investor relations.

More about CuFe Limited

CuFe Ltd (ASX: CUF) is an emerging company in the mining industry, focusing on copper and iron ore. The company’s strategy emphasizes near-term, high-grade premium iron ore projects and exposure to copper, a strategic metal. CuFe Ltd holds interests in various projects and tenements for iron ore, copper, and gold, all situated in Australia.

YTD Price Performance: 290.0%

Average Trading Volume: 6,990,905

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$66.76M

Learn more about CUF stock on TipRanks’ Stock Analysis page.

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