CBE cobre limited
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News: CBE Cobre Ltd Announces A$5 Million Placement

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    19/12/22
    12:30
    Post #: 65366203

    Dec 19 (Reuters) - Cobre Ltd (CBE) :

    • A$5 MILLION PLACEMENT TO ACCELERATE EXPLORATION IN KALAHARI COPPER BELT
    • METAL TIGER PL, CO'S LARGEST SHAREHOLDER, SUBSCRIBED FOR ITS PRO RATA OF A$1 MILLION UNDER PLACEMENT
    • PLACEMENT AT AN ISSUE PRICE OF A$0.15 PER NEW SHARE
    • ALSO INTENDS TO LAUNCH A SHARE PURCHASE PLAN TO RAISE UP TO AN ADDITIONAL A$1 MILLION
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