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Coppermoly Limited ( (AU:COY) ) has shared an update.
Coppermoly Limited has successfully raised $1.05 million through a share placement to fund its 2025 copper and gold exploration projects in Queensland. This financial backing will enable the company to bolster its exploration initiatives in the Mt Isa and Cloncurry regions, reflecting its commitment to advancing its resource exploration and development efforts.
More about Coppermoly Limited
Coppermoly Ltd is a mineral exploration and resource development company focused on copper, gold, and molybdenum projects in Queensland’s Mount Isa region. The company is dedicated to advancing its high-value exploration targets in this resource-rich area, which is known for its potential in iron oxide copper gold (IOCG) and shear-hosted copper and gold deposits.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €5.53M
See more insights into COY stock on TipRanks’ Stock Analysis page.