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An update from Woomera Mining Ltd. ( (AU:OB1) ) is now available.
The company plans to issue up to 312.5 million new ordinary shares and 20 million unlisted options exercisable at A$0.04 over three years via a placement slated for 10 February 2026, signalling a substantial capital raise to fund ongoing exploration and development initiatives that could reshape its operational flexibility and investor profile.
More about Woomera Mining Ltd.
Woomera Mining Ltd., trading on the ASX as Orbminco Limited (OB1), is an Australian resources explorer focused on developing minerals projects and expanding its portfolio through capital market activities.
Average Trading Volume: 330,957
Technical Sentiment Signal: Sell
Current Market Cap: A$5.27M
For an in-depth examination of OB1 stock, go to TipRanks’ Overview page.