Cosmo Metals Limited (AU:CMO) has released an update.
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Cosmo Metals Limited is set to issue 500,000 convertible notes and over 75 million options with a 25% premium to the conversion price, set to expire three years from the issue date, as part of a new securities placement. This move, scheduled for December 17, 2024, aims to raise capital and potentially attract investors interested in the company’s growth prospects.
For further insights into AU:CMO stock, check out TipRanks’ Stock Analysis page.