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Aus Tin Mining Limited ( (AU:C7A) ) has shared an announcement.
Clara Resources Australia Limited has announced a non-renounceable entitlement issue to raise up to $1.272 million by offering new shares to eligible shareholders. This move is aimed at strengthening the company’s financial position, though it may lead to dilution for shareholders who do not participate fully in the offer.
More about Aus Tin Mining Limited
Clara Resources Australia Limited operates in the mining industry, focusing on resource extraction and development. The company is listed on the Australian Securities Exchange under the code C7A.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.72M
For an in-depth examination of C7A stock, go to TipRanks’ Overview page.