New World Resources Limited ( (AU:NWC) ) has shared an update.
New World Resources Limited has completed an institutional placement of 700 million shares at $0.02 each, raising significant capital under its available capacity. Additionally, the company’s board and senior management plan to subscribe to a second tranche placement, pending shareholder approval, indicating strong internal support and potential growth opportunities.
More about New World Resources Limited
New World Resources Limited is a company operating in the mining industry, focusing on copper and other minerals. It is involved in projects such as the Antler Copper Project and Javelin VMS Project in Arizona, USA, and the Tererro Copper-Gold-Zinc Project in New Mexico, USA.
YTD Price Performance: 20.0%
Average Trading Volume: 30,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €32.78M
See more data about NWC stock on TipRanks’ Stock Analysis page.