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An announcement from Cyprium Metals Limited ( (AU:CYM) ) is now available.
Cyprium Metals Limited has announced the closing of its fully-underwritten entitlement offer, aiming to raise approximately A$6 million. The offer, which is set to close on 24 September 2025, allows eligible shareholders to purchase additional shares at a price of $0.028. This initiative is part of Cyprium’s strategy to strengthen its financial position and support its ongoing projects, potentially impacting its market presence and shareholder value.
More about Cyprium Metals Limited
Cyprium Metals Limited is an Australian company operating in the mining industry, primarily focused on the exploration and development of copper resources. The company is listed on the Australian Securities Exchange (ASX: CYM) and targets markets in Australia, New Zealand, Hong Kong, Singapore, and institutional investors in the United States.
YTD Price Performance: 31.82%
Average Trading Volume: 3,054,977
Technical Sentiment Signal: Hold
Current Market Cap: A$81.04M
For a thorough assessment of CYM stock, go to TipRanks’ Stock Analysis page.