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Clara Resources Advances Coal Project and Strengthens Capital Base

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Clara Resources Advances Coal Project and Strengthens Capital Base

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Aus Tin Mining Limited ( (AU:C7A) ) has provided an update.

Clara Resources Limited is advancing its Ashford Coking Coal Project by preparing for a Resource and Quality Drilling Program aimed at upgrading resource classifications and improving coal quality data. The company is tackling capital management through a series of funding initiatives, including a rights issue and an accelerated entitlement offer, to raise funds for project development and operational needs.

More about Aus Tin Mining Limited

Clara Resources Limited (ASX: C7A) is involved in the mining industry with a focus on coking coal, particularly through their Ashford Coking Coal Project.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.38M

Learn more about C7A stock on TipRanks’ Stock Analysis page.

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