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Chilwa Minerals Ltd ( (AU:CHW) ) just unveiled an announcement.
Chilwa Minerals Ltd has issued 47,619 fully paid ordinary shares at A$1.05 per share following shareholder approval at an Extraordinary General Meeting. This issuance, part of a private placement that raised A$4.1 million, allows for secondary trading under the Corporations Act exemption, potentially enhancing liquidity and market confidence.
More about Chilwa Minerals Ltd
Chilwa Minerals Ltd operates in the mining industry, focusing on the extraction and development of mineral resources. The company is involved in activities related to mineral exploration and production, aiming to enhance its market presence through strategic placements and investments.
Average Trading Volume: 31,354
Technical Sentiment Signal: Buy
Find detailed analytics on CHW stock on TipRanks’ Stock Analysis page.