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Delecta Limited ( (AU:MOM) ) has shared an update.
Moab Minerals Limited has issued over 8 million fully paid ordinary shares following the vesting of performance rights, as part of its compliance with the Corporations Act 2001. This move is part of Moab’s ongoing efforts to strengthen its financial position and support its exploration and development projects, potentially enhancing its market presence and offering value to stakeholders.
More about Delecta Limited
Moab Minerals Limited is an exploration and project development company focused on the Manyoni Uranium Project in Tanzania, which it owns 80% of, with the remaining 20% held by Galo Capital Ltd. The company also has interests in lithium and gold exploration in Ghana through a 9.30% stake in CAA Mining, and owns the Highline Copper-Cobalt Project in Southern Nevada.
Current Market Cap: A$4.02M
For an in-depth examination of MOM stock, go to TipRanks’ Overview page.