Chariot Resources Issues New Shares and Lodges Cleansing Notice to Support Capital Management

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

Chariot Resources Limited has issued 21 million fully paid ordinary shares at $0.10 each to investors and an additional 100,000 fully paid ordinary shares at $0.21 each to a creditor as part satisfaction of a cash payment. The new shares, which are of a class already quoted on the ASX, were issued without a prospectus under the Corporations Act, with Chariot confirming its compliance with continuous disclosure and financial reporting obligations and stating there is no undisclosed price-sensitive information, thereby enabling the shares to trade freely while reassuring investors about regulatory compliance.

The cleansing notice signals that Chariot is using equity both to raise capital from investors and to manage creditor obligations, which may support its balance sheet and liquidity position. By formally declaring compliance with key sections of the Corporations Act and confirming the absence of excluded information, the company aims to maintain market confidence and ensure that existing and new shareholders can trade the newly issued securities on an informed basis.

More about Chariot Corporation Limited

Chariot Resources Limited is an Australian company listed on the ASX under the ticker CC9. The company issues fully paid ordinary shares quoted on the Australian Securities Exchange, indicating its operations and capital-raising activities are focused on the listed equity markets in Australia.

Average Trading Volume: 210,878

Technical Sentiment Signal: Sell

Current Market Cap: A$22.64M

For detailed information about CC9 stock, go to TipRanks’ Stock Analysis page.