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Orbminco Limited Releases Shares from Voluntary Escrow

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Orbminco Limited Releases Shares from Voluntary Escrow

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Woomera Mining Ltd. ( (AU:OB1) ) has provided an announcement.

Orbminco Limited has announced the release of 180 million ordinary shares from voluntary escrow, initially issued to Kincora Copper Limited. The shares, which were issued on 1 October 2024, are set to be released on 12 August 2025. The company acknowledged a procedural oversight in not providing the required notice period under ASX Listing Rule 3.10A and has committed to ensuring compliance in the future.

More about Woomera Mining Ltd.

Orbminco Limited is engaged in the exploration of copper and gold in Mongolia, as well as battery metals including lithium, nickel, copper, and PGEs, along with 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.

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