Andromeda Metals Sells Cobra Resources Shares for AU$950,000, Shares Down 13%

MT Newswires Live

2025/02/25

Andromeda Metals (ASX:ADN) sold the ordinary shares in London Stock Exchange-listed Cobra Resources it received from the sale of the remaining 25% interest in the Wudinna Project for AU$950,000, according to a Monday Australian bourse filing.

The company sold 52 million shares via an off-market transfer, the filing added.

Company shares were down 13% in recent Tuesday trade.

Price (AUD): $0.01, Change: $-0.0010, Percent Change: -12.50%

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