Odessa Minerals Limited (AU:ODE) has released an update.
Odessa Minerals Limited reported a strong cash position of $3.2 million as it focuses on streamlining its tenement portfolio and exploring new opportunities. The company made significant progress on its Lyndon Uranium Project with a completed heritage survey and a base-line gamma survey underway. Additionally, Odessa raised $1,112,500 through a two-tranche placement, aiming to reduce tenure costs while maintaining high-priority prospects.
For further insights into AU:ODE stock, check out TipRanks’ Stock Analysis page.