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Woomera Mining Ltd. ( (AU:OB1) ) just unveiled an update.
Orbminco Limited has issued 118.5 million fully paid ordinary shares to the vendors of the Majestic North Project. This strategic move, executed without the need for disclosure under the Corporations Act, underscores Orbminco’s commitment to expanding its exploration activities in the battery metals and gold sectors, potentially enhancing its market position and offering new opportunities for stakeholders.
More about Woomera Mining Ltd.
Orbminco Limited is engaged in the exploration of battery metals such as lithium, nickel, copper, and platinum group elements (PGE’s), as well as gold, primarily in the Yilgarn Craton region of Western Australia.
Average Trading Volume: 467,391
Technical Sentiment Signal: Sell
Current Market Cap: A$5.56M
Learn more about OB1 stock on TipRanks’ Stock Analysis page.