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Thunderbird Resources Expands with New Share Issuance and Strategic Exploration

Story Highlights
  • Thunderbird Resources issued 20 million shares for acquiring Kooky Resources.
  • The company is exploring new opportunities in the resource sector without any binding agreements yet.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thunderbird Resources Expands with New Share Issuance and Strategic Exploration

Confident Investing Starts Here:

An announcement from Thunderbird Resources ( (AU:THB) ) is now available.

Thunderbird Resources has issued 20 million fully paid ordinary shares as deferred consideration for acquiring Kooky Resources Pty Ltd. The company is exploring opportunities in the resource sector, including potential project acquisitions and disposals, though no binding agreements have been reached yet. Thunderbird remains committed to its continuous disclosure obligations.

More about Thunderbird Resources

Thunderbird Resources is an exploration company focused on discovering and developing precious metals and critical minerals essential to the global energy transition. Their portfolio includes gold-antimony projects in New South Wales, uranium projects in Canada’s Athabasca Basin, and copper projects in North and South America.

YTD Price Performance: -29.41%

Average Trading Volume: 1,140,509

Technical Sentiment Signal: Sell

Current Market Cap: A$4.44M

Find detailed analytics on THB stock on TipRanks’ Stock Analysis page.

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