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Sheffield Resources Limited ( (AU:SFX) ) has issued an announcement.
Sheffield Resources Limited has announced a $30 million share placement and entitlement issue to support its growth strategy. This capital raise is expected to advance the company’s strategic objectives, focusing on the development of its mineral sands projects, including the Thunderbird project, thereby potentially enhancing its market position and delivering value to stakeholders.
More about Sheffield Resources Limited
Sheffield Resources Limited operates in the mineral resources industry, focusing on the exploration and development of mineral sands projects. The company is engaged in activities primarily related to mineral exploration and the advancement of its projects, including the South Atlantic Project and the Thunderbird Mineral Sands Mine.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $33.24M
See more data about SFX stock on TipRanks’ Stock Analysis page.
