Aus Tin Mining Limited (AU:C7A) has released an update.
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Clara Resources Australia Limited is launching an accelerated non-renounceable entitlement offer to raise approximately $1.7 million, alongside a placement to institutional investors aiming to secure an additional $0.42 million. Eligible shareholders in Australia and New Zealand can subscribe for new shares at $0.006 each, with the offer structured to prevent significant changes in company control. The results of the initial institutional phase will be announced soon, with the retail offer set to open on December 27, 2024.
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