CML – Connected Minerals

On October 21st, 2024, Connected IO Limited (CIO) changed its name and ASX code to Connected Minerals Limited (CML).

and back on the bourse … 23c

25 October 2024

Connected Minerals Recommences Trading on ASX​

Highlights
• Connected Minerals has today recommenced trading on ASX under the code CML
• The ASX re-listing successfully completes Connected Minerals transformation into a junior exploration company
• Connected Minerals has raised a total of ~$5.1 million through
• A Shortfall and Placement offer at a price of $0.20 per share raising $4,344,600 in addition to
• A pro rata non-renounceable Entitlement Offer to Eligible Shareholders of 8.5 Shares for every 10 Shares held at an issue price of $0.20 each raising $748,475
• The Placement received strong support from institutional, professional and retail investors
• Connected Minerals is an Australian headquartered company focused on uranium discoveries in Namibia through 80% holdings in one granted exclusive prospecting licence and two EPL applications located in Namibia’s most prolific uranium producing province
• Additionally, Connected Minerals has acquired 100% of the legal and beneficial ownership in three granted exploration licences in Western Australia which demonstrate multi-commodity potential
• Funds raised will be used to commence immediate exploration activities across the Company’s portfolio