On 19 May, Canyon Resources announced that it has received an option exercise notice from its key shareholder Eagle Eye Asset Holdings (EEA). EEA will exercise 350m options, resulting in cash proceeds of A$24.5m for the company. Canyon will use the funds to further advance its Minim Martap bauxite

20 May 2025
Canyon Resources:Additional funding from core shareholder

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Canyon Resources:Additional funding from core shareholder
Canyon Resources Limited (CAY:ASX) | 0 0 0.0%
- Published:
20 May 2025 -
Author:
Andrey Litvin | Andrew Keen -
Pages:
2 -
On 19 May, Canyon Resources announced that it has received an option exercise notice from its key shareholder Eagle Eye Asset Holdings (EEA). EEA will exercise 350m options, resulting in cash proceeds of A$24.5m for the company. Canyon will use the funds to further advance its Minim Martap bauxite