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Emu NL ( (AU:EMU) ) has shared an announcement.
Emu NL has successfully completed the sale of its gold assets, specifically the Badja Gold Project, through its subsidiary Coruscant Minerals Pty Ltd, for a total consideration of $3,514,721.10. This transaction allows Emu NL to retire a loan facility of $500,000, which was initially drawn to $200,000, enhancing its financial stability and focusing its resources on copper exploration.
More about Emu NL
Emu NL is a company operating in the mining industry, primarily focusing on copper exploration. The company has been involved in the management and development of mineral resources, with a market focus on valuable metals such as gold and copper.
Average Trading Volume: 286,310
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.65M
For a thorough assessment of EMU stock, go to TipRanks’ Stock Analysis page.