Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
My Foodie Box Limited ( (AU:MBX) ) just unveiled an announcement.
My Foodie Box Limited has announced its acquisition of Australian gold, copper, and rare earth projects, marking a significant shift in its business operations. The company plans to conduct a $5 million public offer and relist on the ASX, with a focus on the Christmas Gift Gold Project in New South Wales and two early-stage projects in South Australia. This strategic move aims to enhance shareholder value and reposition the company within the resource exploration industry.
More about My Foodie Box Limited
My Foodie Box Limited, soon to be renamed Tarrina Resources Limited, previously operated a meal kit business. The company has transitioned to focus on the acquisition and development of resource projects, specifically in the gold, copper, and rare earths sectors in Australia.
Average Trading Volume: 10,000
Technical Sentiment Signal: Sell
For a thorough assessment of MBX stock, go to TipRanks’ Stock Analysis page.