Coda Minerals Secures Funds for Copper Project Expansion

Coda Minerals Ltd (AU:COD) has released an update.

Coda Minerals Ltd has bolstered its financial standing with a successful capital raise, gathering $5.1 million to advance exploration activities at its Elizabeth Creek Copper-Cobalt Project. The company plans to utilize these funds for drilling, resource expansion, and target generation, with expectations of releasing an updated Scoping Study by the year’s end. This strategic move positions Coda to capitalize on the growing global demand for copper.

For further insights into AU:COD stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.