Cobalt Blue Extends Share Offer Deadline to Boost Projects


Cobalt Blue Extends Share Offer Deadline to Boost Projects

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Cobalt Blue Holdings Ltd. has extended the closing date for its pro-rata non-renounceable entitlement issue, offering one new share for every five shares held at $0.072 each, to December 20, 2024. This extension allows eligible shareholders more time to participate, and includes a shortfall facility for those who wish to purchase additional shares. The funds raised will support projects like the Kwinana Cobalt Refinery and strategic reviews.

For further insights into AU:COB stock, check out TipRanks' Stock Analysis page.

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