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An announcement from CuFe Limited ( (AU:CUF) ) is now available.
CuFe Ltd has announced the issuance of 7,222,222 shares following the exercise of unlisted options, which are exercisable at $0.009 and expire on 27 November 2026. This move aligns with the company’s compliance with relevant provisions of the Corporations Act 2001, and there is no excluded information that needs disclosure. The issuance of these shares is expected to bolster the company’s financial positioning and provide further capital for its strategic projects.
More about CuFe Limited
CuFe Ltd (ASX: CUF) 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: 310.0%
Average Trading Volume: 7,469,164
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$63.62M
Learn more about CUF stock on TipRanks’ Stock Analysis page.