News: Coziron jumps 50% on new acquisitions

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    Shares in Coziron Resources Limited (ASX:CZR) jumped 50 per cent yesterday after the mineral explorer announced it will acquire three resource projects worth $15 million.



    The tenements are located in Western Australia and understood to be highly prospective for significant iron ore resources.



    Coziron has entered into agreements to buy three separate projects for a total consideration of 500 million shares in the company.



    The deal is expected to be put to a shareholder vote next month and is also still conditional on the company completing a capital raising of not less than $10 million.



    Shares in Coziron Resources jumped 50 per cent on the first day of trade in 2012, finishing at $0.075.



    In the year to June 30, 2011 Coziron Resources reported a net loss of $773,000.


 
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Last
27.0¢
Change
0.000(0.00%)
Mkt cap ! $64.23M
Open High Low Value Volume
28.0¢ 28.0¢ 27.0¢ $366.3K 1.327M

Buyers (Bids)

No. Vol. Price($)
2 157227 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 58932 2
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Last trade - 14.29pm 17/09/2025 (20 minute delay) ?
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