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Woomera Mining Ltd. ( (AU:OB1) ) just unveiled an announcement.
Orbminco Limited has issued 118.5 million fully paid ordinary shares to the vendors of the Majestic North Project, as announced on 6 November 2025. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant provisions of the Act. The issuance is part of Orbminco’s strategic efforts to enhance its operations in the exploration of battery metals and gold, potentially impacting its market positioning and stakeholder interests.
More about Woomera Mining Ltd.
Orbminco Limited is a company focused on exploring battery metals such as lithium, nickel, copper, and platinum group elements (PGE’s), as well as gold, in the Yilgarn Craton of Western Australia.
Average Trading Volume: 467,391
Technical Sentiment Signal: Sell
Current Market Cap: A$5.56M
For a thorough assessment of OB1 stock, go to TipRanks’ Stock Analysis page.