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Cullinan Metals Corp ( (TSE:CMT) ) just unveiled an announcement.
Cullinan Metals Corp. has announced a proposed consolidation of its common shares on a 10-to-1 basis, as approved by its Board of Directors. Additionally, the company plans a non-brokered private placement to raise up to $330,000 through the offering of post-consolidation units, each consisting of a common share and a warrant, subject to Canadian Securities Exchange approval.
More about Cullinan Metals Corp
Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals, primarily copper, graphite, and lithium assets globally.
YTD Price Performance: 100.0%
Average Trading Volume: 62,938
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$655.8K
Find detailed analytics on CMT stock on TipRanks’ Stock Analysis page.