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An announcement from Woomera Mining Ltd. ( (AU:OB1) ) is now available.
Orbminco Limited has announced a proposal to consolidate its issued capital at a 20:1 ratio, pending shareholder approval in a meeting scheduled for September 18, 2025. The board believes this consolidation will create a more effective capital structure, potentially attracting a broader range of investors, and will also adjust the exercise price of options in line with ASX Listing Rules.
More about Woomera Mining Ltd.
Orbminco Limited is engaged in the exploration of copper and gold in Mongolia and battery metals, including lithium, nickel, copper, and PGEs, as well as gold in the Yilgarn Craton of Western Australia.
Technical Sentiment Signal: Hold
Current Market Cap: A$3.4M
For a thorough assessment of OB1 stock, go to TipRanks’ Stock Analysis page.