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Delecta Limited ( (AU:MOM) ) has issued an update.
Moab Minerals Limited has successfully completed a placement of 141 million fully paid ordinary shares at $0.001 per share, as previously announced. This strategic move is expected to bolster the company’s financial position and support its ongoing exploration and development projects, potentially enhancing its market position and offering new opportunities for stakeholders.
More about Delecta Limited
Moab Minerals Limited is an exploration and project development company with a diverse portfolio of exploration projects, including uranium projects in Tanzania, a uranium-vanadium project in Colorado’s Uravan Mineral Belt, and a copper-cobalt project in Southern Nevada. Additionally, Moab holds an 11.02% interest in CAA Mining, which focuses on lithium and gold exploration in Ghana, expanding its reach in the junior exploration sector.
Current Market Cap: A$1.73M
Find detailed analytics on MOM stock on TipRanks’ Stock Analysis page.