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Koba Resources Limited ( (AU:KOB) ) has issued an update.
Koba Resources Limited has successfully completed a placement of 87 million ordinary shares at $0.05 each, along with 43,499,991 unlisted options exercisable at $0.08 before June 2028. This move, following shareholder approval, strengthens the company’s financial position and provides capital for future exploration and development activities, potentially enhancing its market presence and stakeholder value.
More about Koba Resources Limited
Koba Resources Limited operates in the resource industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker KOB.
Average Trading Volume: 232,908
Technical Sentiment Signal: Hold
Current Market Cap: A$11.92M
For detailed information about KOB stock, go to TipRanks’ Stock Analysis page.