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Why Did Coolabah Metals Close Its $20M Raise Early? Inside the Broken Hill Deal
7:01am on Wednesday 9th of July, 2025 AEST
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Mining
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Why Did Coolabah Metals Close Its $20M Raise Early? Inside the Broken Hill Deal
7:01am on Wednesday 9th of July, 2025 AEST
Key Points
Early closure of $20 million public offer at $0.35 per share
Acquisition of Broken Hill Mines Pty Ltd progressing with shareholder approvals
Issue of 125 million shares and 65 million options as acquisition consideration
2% net smelter royalty granted on key Broken Hill mines
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BROKEN HILL MINES (ASX:CBH)
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