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Tombador Iron Advances Colomi Acquisition Amid Cash Boost and Royalty Income
6:07pm on Sunday 1st of June, 2025 AEST
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Tombador Iron Advances Colomi Acquisition Amid Cash Boost and Royalty Income
6:07pm on Sunday 1st of June, 2025 AEST
Key Points
Cash holdings rose slightly to AUD 10.825 million by December 2024
Received AUD 112,000 in royalty payments from former Tombador Iron Project
Entered binding agreement to acquire 100% of Colomi Iron Mineração S.A.
Extensive due diligence and ASX re-listing preparations underway
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