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Tombador Iron Advances Colomi Acquisition Amid Stable Cash Position

4:47am on Monday 2nd of June, 2025 AEST Mining
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Tombador Iron Advances Colomi Acquisition Amid Stable Cash Position

4:47am on Monday 2nd of June, 2025 AEST
Key Points
  • Cash holdings rose by AUD 80k to AUD 10.905m as of March 31, 2025
  • Received AUD 350k in royalty payments from Tombador Iron Project sale
  • Focused on acquisition of Colomi Iron Project with preliminary planning underway
  • Engaged with ASX on re-listing requirements and investor discussions
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