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Coppermoly Limited Announces 70 Million Share Issuance

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Coppermoly Limited Announces 70 Million Share Issuance

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Coppermoly Limited ( (AU:COY) ) has provided an update.

Coppermoly Limited announced the issuance of 70,000,000 ordinary fully paid shares, scheduled to be quoted on the ASX on February 21, 2025. This issuance, part of a placement, is expected to enhance the company’s capital structure, potentially strengthening its operational capabilities and market position.

More about Coppermoly Limited

Coppermoly Limited operates in the mining industry, focusing primarily on exploration and development of copper and gold deposits. The company’s market focus is on resource-rich areas, potentially impacting its growth and positioning within the mineral exploration sector.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €6.87M

For detailed information about COY stock, go to TipRanks’ Stock Analysis page.

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