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Conico Limited ( (AU:CNJ) ) has shared an update.
Conico Ltd has resolved a legal dispute with Cartwright Drilling Inc, making a significant payment, and is exploring opportunities to advance its Greenland projects. The company is also raising capital through convertible loans to fund its operations and plans to resume trading on the ASX after finalizing its capital raising and working capital plans. Conico continues to explore strategic options for its Mt Thirsty Joint Venture and intends to update shareholders on its progress and future plans.
More about Conico Limited
Conico Ltd is a company operating in the mining industry, focusing on exploration and development projects. Its primary projects include the Mestersvig and Ryberg projects in Greenland and the Mt Thirsty Joint Venture in Western Australia, which involve exploration of various minerals such as PGE, Ni, Co, Mn, and Sc.
Average Trading Volume: 904,350
Current Market Cap: A$1.66M
For detailed information about CNJ stock, go to TipRanks’ Stock Analysis page.