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Thunderbird Resources Completes Acquisition of LM2 Metals

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Thunderbird Resources Completes Acquisition of LM2 Metals

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Thunderbird Resources ( (AU:THB) ) has shared an update.

Thunderbird Resources Limited has successfully completed the acquisition of LM2 Metals Pty Ltd, securing a 100% interest in the Springfield Gold Deposit in central NSW. This strategic move, finalized by issuing 28,571,429 fully paid ordinary shares, positions Thunderbird to enhance its resource base and strengthen its market presence in the gold mining sector.

More about Thunderbird Resources

Thunderbird Resources Limited operates in the mining industry, focusing on the acquisition and development of mineral resources. The company is engaged in exploring and developing gold deposits, with a market focus on expanding its portfolio in central New South Wales.

Average Trading Volume: 2,063,810

Technical Sentiment Signal: Hold

Current Market Cap: A$11.05M

Learn more about THB stock on TipRanks’ Stock Analysis page.

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