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Cape Range Ltd. ( (AU:CAG) ) has issued an update.
Cape Range Ltd, listed on the ASX under the ticker CAG, has announced the dispatch of an access letter for its pro-rata entitlement offer. This offer, which marks the company’s first capital raising since its ASX listing in 2017, aims to raise up to $5.69 million. The funds will be used to strengthen the company’s balance sheet and explore new growth opportunities, including broadening its product range and acquiring rights to complementary technology in the digital asset and crypto industry.
More about Cape Range Ltd.
YTD Price Performance: -5.00%
Average Trading Volume: 16,473
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$18.03M
Find detailed analytics on CAG stock on TipRanks’ Stock Analysis page.