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Chariot Corporation Announces New Securities Issuance

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The latest update is out from Chariot Corporation Limited ( (AU:CC9) ).

Chariot Corporation Limited has announced a proposed issuance of new securities, specifically 1,500,000 options at $0.21 each, set to expire two years from the date of issue. This move is part of a placement or other type of issue, with the proposed issue date being May 20, 2025. This announcement could potentially impact the company’s market positioning by increasing its capital base, providing more financial flexibility, and possibly affecting shareholder value.

More about Chariot Corporation Limited

YTD Price Performance: -33.57%

Average Trading Volume: 83,288

Technical Sentiment Signal: Buy

For an in-depth examination of CC9 stock, go to TipRanks’ Stock Analysis page.

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