Cannindah Resources Limited (AU:CAE) has released an update.
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Cannindah Resources Limited has successfully completed a $5 million capital raise to bolster its exploration efforts at the Mt Cannindah Copper Gold Project. The company is mobilizing personnel and preparing for a major drilling program to expand their resource base and explore new targets. This development marks a significant step in enhancing the project’s potential and could impact the company’s stock performance.
For further insights into AU:CAE stock, check out TipRanks’ Stock Analysis page.