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Conico Settles Greenland Drilling Debt, Launches $2.09M Capital Raise with Share Consolidation

Conico Ltd has resolved a significant legal dispute with Cartwright Drilling and announced a $2.09 million recapitalisation plan involving convertible loans, a rights offer, and a share consolidation, all pending shareholder approval.
Maxwell Dee
6 June 2025

Conico Navigates Greenland Legal Hurdles While Advancing Mt Thirsty Project Plans

Conico Ltd reports ongoing negotiations to resolve a significant legal dispute in Greenland and outlines strategic updates for its Mt Thirsty battery metals project, alongside plans for a capital raise to support future growth.
Maxwell Dee
30 Apr 2025

Conico Advances Mt Thirsty Strategy Amid Greenland Contractor Dispute

Conico Ltd is exploring strategic options to enhance its Mt Thirsty cobalt-nickel project while navigating a significant arbitration ruling over drilling contracts in Greenland. The company also signals ongoing evaluation of new mineral exploration opportunities.
Maxwell Dee
31 Jan 2025