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My Foodie Box Limited ( (AU:TR8) ) just unveiled an announcement.
My Foodie Box Limited is undergoing a significant transformation by acquiring Rox 1 Pty Ltd and Rox 2 Pty Ltd, which will shift its main business activity to minerals exploration and development in Australia. This strategic move positions the company to capitalize on opportunities within the mining sector, potentially impacting its market presence and stakeholder interests.
More about My Foodie Box Limited
My Foodie Box Limited, soon to be renamed Tarrina Resources Limited, is transitioning from its original business model to focus on minerals exploration and development. The company has acquired Rox 1 Pty Ltd and Rox 2 Pty Ltd, which hold significant projects in New South Wales and South Australia, indicating a strategic shift towards the mining industry.
Technical Sentiment Signal: Sell
See more insights into TR8 stock on TipRanks’ Stock Analysis page.