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Coda Minerals Announces Follow-On Placement to Raise Capital

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Coda Minerals Announces Follow-On Placement to Raise Capital

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Coda Minerals Ltd ( (AU:COD) ) has shared an update.

Coda Minerals Ltd has issued 28,571,429 fully paid ordinary shares at $0.105 each and 7,142,868 options exercisable at $0.15, as part of a follow-on placement to sophisticated and professional investors. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and market operations positively.

More about Coda Minerals Ltd

Coda Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code COD.

Average Trading Volume: 667,086

Technical Sentiment Signal: Buy

Current Market Cap: A$36.66M

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

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