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Coolabah Metals Raises $15M to Acquire Broken Hill Mines and Resume ASX Trading
1:36am on Monday 2nd of June, 2025 AEST
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Mining
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Coolabah Metals Raises $15M to Acquire Broken Hill Mines and Resume ASX Trading
1:36am on Monday 2nd of June, 2025 AEST
Key Points
Capital raise of $15-20 million at $0.35 per share
Acquisition of 100% of Broken Hill Mines Pty Ltd (BHM)
Reinstatement of ASX listing upon re-compliance with Listing Rules
JORC-compliant mineral resource estimates for Rasp and Pinnacles Mines
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BROKEN HILL MINES (ASX:CBH)
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