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Cyprium Metals Limited ( (AU:CYM) ) just unveiled an announcement.
Cyprium Metals Limited announced the successful completion of Tranche 2 of its placement, raising a total of A$13.5 million through the issuance of 483,203,140 shares at A$0.028 each. This development supports the company’s efforts to further invest in its copper assets, potentially enhancing its market position and delivering value to stakeholders.
More about Cyprium Metals Limited
Cyprium Metals Limited is an ASX-listed Australian copper company. Its main asset is the Nifty Copper Mine in Western Australia, known for both oxide and sulphide copper production. The company is committed to redeveloping the Nifty site, leveraging substantial existing investments and data. It also holds other significant copper properties in the Paterson and Murchison Provinces.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €26.81M
Find detailed analytics on CYM stock on TipRanks’ Stock Analysis page.
