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Castle Minerals Limited ( (AU:CDT) ) has issued an update.
Castle Minerals Limited has issued over 26 million new ordinary shares, raising capital from sophisticated investors and acquiring Mineralis Ltd, which holds exploration rights on the Côte d’Ivoire – Ghana border. This strategic move enhances Castle’s exploration footprint in a prolific gold region, potentially strengthening its position in the West African gold industry.
More about Castle Minerals Limited
Castle Minerals Limited (ASX: CDT) is a West African gold explorer with a significant presence in northern Ghana and eastern Côte d’Ivoire. The company focuses on gold exploration in the Birimian greenstone belts, known for hosting numerous multi-million-ounce gold mines in the region. Castle Minerals aims to leverage its technical expertise to make new gold discoveries.
Average Trading Volume: 667,115
Technical Sentiment Signal: Sell
Current Market Cap: A$8.82M
See more insights into CDT stock on TipRanks’ Stock Analysis page.