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Shree Minerals Limited ( (AU:CTN) ) has issued an announcement.
Catalina Resources Limited has issued 11,204,345 new shares without a disclosure document, in line with provisions of the Corporations Act that allow such issues where continuous disclosure and reporting obligations are being met. The company confirmed it is compliant with relevant financial reporting and continuous disclosure requirements and stated there is no excluded information requiring disclosure, signalling that the capital raising has been structured to maintain regulatory transparency while potentially bolstering its funding base for ongoing mineral exploration and project development activities.
The most recent analyst rating on (AU:CTN) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Shree Minerals Limited stock, see the AU:CTN Stock Forecast page.
More about Shree Minerals Limited
Catalina Resources Limited is an Australian diversified mineral exploration and mine development company focused on prospective gold, base metal, lithium and iron ore projects, with a strategy to advance these assets from exploration through to production to create shareholder value.
Average Trading Volume: 557,876
Technical Sentiment Signal: Sell
Current Market Cap: A$11.58M
Find detailed analytics on CTN stock on TipRanks’ Stock Analysis page.