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Cobalt Blue Holdings Ltd. ( (AU:COB) ) has provided an update.
Cobalt Blue Holdings Ltd. has announced amendments to the terms of a Promissory Note held by American Rare Earths Limited, with principal and interest repayments now occurring in two tranches. The company issued 335,882 fully paid ordinary shares to American Rare Earths Limited as consideration for these amendments, and has lodged an Appendix 2A form for these shares. This move reflects the company’s ongoing financial arrangements and compliance with relevant corporate regulations, potentially impacting its financial operations and stakeholder relations.
More about Cobalt Blue Holdings Ltd.
Cobalt Blue Holdings Ltd. is a company operating in the energy sector, focused on the production and development of cobalt resources. The company is involved primarily in the extraction and supply of cobalt, a critical mineral used in rechargeable batteries and energy solutions.
YTD Price Performance: 9.52%
Average Trading Volume: 52,125
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $20.56M
Find detailed analytics on COB stock on TipRanks’ Stock Analysis page.
