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Clara Resources Plans Major Share Issue to Raise Capital

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Clara Resources Plans Major Share Issue to Raise Capital

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Aus Tin Mining Limited ( (AU:C7A) ) has shared an announcement.

Clara Resources Australia Ltd, listed on the ASX under code C7A, operates within the resources sector, though this filing provides no additional detail on its specific commodities or project focus. The company has announced a proposed placement or similar issue of up to 533,333,333 new fully paid ordinary shares, with an anticipated issue date of 9 February 2026, in a move that will significantly expand its share base and likely provide additional capital for its activities, with resulting dilution implications for existing shareholders and potential changes to its market positioning once full terms and use of funds are disclosed.

More about Aus Tin Mining Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$3.87M

Find detailed analytics on C7A stock on TipRanks’ Stock Analysis page.

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