Shree Minerals Limited ( (AU:CTN) ) has shared an announcement.
Catalina Resources Limited announced the results of its non-renounceable pro-rata entitlement offer, which aimed to raise approximately $2.27 million. The offer involved issuing new shares to eligible shareholders in Australia, New Zealand, Singapore, and China. The company has accepted applications for 122,914,708 new shares and 24,582,948 free attaching shares, with the shortfall to be addressed by Pareto Capital. This capital raise supports Catalina’s strategic initiatives in mineral exploration and development, potentially enhancing its market position and shareholder value.
More about Shree Minerals Limited
Catalina Resources Limited is an Australian diversified mineral exploration and mine development company focused on exploring and developing gold, base metal, lithium, and iron ore projects.
Current Market Cap: A$3.03M
Learn more about CTN stock on TipRanks’ Stock Analysis page.