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Catalina Resources Issues Shares to Settle Rent Liability

Story Highlights
  • Catalina Resources operates as an ASX-listed mining and exploration company focused on resource sector activities.
  • The company will quote 726,979 new shares issued as non-cash rent settlement using existing placement capacity, without raising capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Catalina Resources Issues Shares to Settle Rent Liability

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Shree Minerals Limited ( (AU:CTN) ) just unveiled an update.

Catalina Resources Ltd has applied for quotation on the ASX of 726,979 new fully paid ordinary shares issued on 23 January 2026. The shares are being issued as non-cash consideration to settle rent payable, utilising the company’s existing placement capacity under Listing Rule 7.1 and not forming part of a capital raising, indicating a minor balance sheet and capital management adjustment without immediate dilution from a fundraising event.

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 Ltd is an Australian-listed resources company trading on the ASX under the code CTN. The company operates within the mining and exploration sector, although this announcement focuses on corporate and capital management rather than specific project activities or commodities.

Average Trading Volume: 557,876

Technical Sentiment Signal: Sell

Current Market Cap: A$11.58M

For an in-depth examination of CTN stock, go to TipRanks’ Overview page.

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