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Woomera Mining Ltd. ( (AU:OB1) ) just unveiled an update.
Orbminco Limited has announced the results of its Non-renounceable Entitlement Offer, which closed on April 24, 2025. The offer involved issuing 1 new share for every 2 shares held at a price of $0.001 per share. A total of 230,977,870 new shares were accepted, raising $0.230 million. The company is in discussions to place the remaining shortfall shares and appreciates the support of its shareholders. This move is expected to impact the company’s financial standing and potential growth in its exploration activities.
More about Woomera Mining Ltd.
Orbminco Limited is engaged in the exploration of copper and gold in Mongolia, as well as battery metals such as lithium, nickel, copper, and PGEs, along with gold in the Yilgarn Craton of Western Australia.
Technical Sentiment Signal: Hold
Current Market Cap: A$3.25M
See more data about OB1 stock on TipRanks’ Stock Analysis page.