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Cyprium Metals Announces New Share Issuance and Strategic Asset Review

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Cyprium Metals Announces New Share Issuance and Strategic Asset Review

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Cyprium Metals Limited ( (AU:CYM) ) has shared an announcement.

Cyprium Metals Limited has announced the issuance of 297,488,855 fully paid ordinary shares without investor disclosure under the Corporations Act, and is undertaking a strategic review of its non-core copper projects in Western Australia. The company is in advanced discussions regarding potential asset divestments and plans to announce further details soon, although no binding agreements have been secured yet.

More about Cyprium Metals Limited

Cyprium Metals Limited is an Australian copper company listed on the ASX, primarily engaged in the redevelopment of the Nifty Copper Mine in Western Australia. The company focuses on copper resources, leveraging significant invested capital and operational data, and holds additional assets in the Paterson and Murchison Provinces.

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €26.81M

For a thorough assessment of CYM stock, go to TipRanks’ Stock Analysis page.

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