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Castillo Copper Ltd. ( (AU:NFM) ) has issued an announcement.
New Frontier Minerals Limited (ASX: NFM) has requested a trading halt on its securities pending the announcement of a capital raising initiative to be managed by CPS Capital Group Pty Ltd. This strategic move is expected to impact the company’s operations by potentially providing additional capital for its NWQ Copper Project, as indicated by a recent site visit to the Mt Kelly plant, which could enhance its industry positioning and stakeholder confidence.
More about Castillo Copper Ltd.
YTD Price Performance: -22.22%
Average Trading Volume: 829,037
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$20.41M
Find detailed analytics on NFM stock on TipRanks’ Stock Analysis page.