Coda Minerals Ltd (AU:COD) has released an update.
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Coda Minerals Ltd is set to raise up to $3 million through a non-renounceable, pro-rata entitlement offer, with funds aimed at advancing its Elizabeth Creek Copper-Cobalt Project and covering general working capital needs. Eligible shareholders have the opportunity to participate by purchasing new shares at $0.07 each, along with options exercisable at $0.15. The company has engaged Cumulus Wealth Pty Ltd as the lead manager for the offer, with applications now open.
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