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Osmond Resources Limited ( (AU:OSM) ) has provided an announcement.
Osmond Resources Limited has been awarded the Orión Investigation Permit, covering a significant area of the Orión EU Critical Minerals Project. The company is set to complete the acquisition of 80% of Iberian Critical Minerals Pty Ltd, which holds a majority stake in the project. This strategic move positions Osmond to commence its maiden drilling program this quarter, potentially enhancing its market position in the critical minerals industry.
More about Osmond Resources Limited
Osmond Resources Limited operates in the critical minerals sector, focusing on the exploration and development of mineral resources. The company is involved in projects that aim to supply essential minerals for various industries, with a particular emphasis on the European market.
Average Trading Volume: 239,677
Technical Sentiment Signal: Hold
Current Market Cap: A$83.02M
Find detailed analytics on OSM stock on TipRanks’ Stock Analysis page.