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My Foodie Box Limited ( (AU:MBX) ) just unveiled an update.
My Foodie Box Limited has secured $500,000 in interim funding through unsecured promissory notes as part of its strategic transition to a resource exploration company, under the new name Tarrina Resources Limited. This funding is a step towards completing the acquisition of Rox 1 Pty Ltd and Rox 2 Pty Ltd, and the company plans to conduct a public offer to raise $5 million, aiming for re-compliance with ASX listing rules and reinstatement as a resource exploration entity.
More about My Foodie Box Limited
My Foodie Box Limited, soon to be renamed Tarrina Resources Limited, is transitioning from its current operations to focus on resource exploration. The company is involved in acquiring projects such as the Christmas Gift Gold Project in New South Wales and the Walparuta and Yongala Projects in South Australia.
Average Trading Volume: 10,000
Technical Sentiment Signal: Sell
See more data about MBX stock on TipRanks’ Stock Analysis page.