Clara Resources Seeks to Boost Capital with Rights Issue
Company Announcements

Clara Resources Seeks to Boost Capital with Rights Issue

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

Clara Resources Australia Limited has completed its non-renounceable rights issue, raising over $198,000 with an additional $38,587 from extra share applications by eligible shareholders. Despite a $1.47 million shortfall, the company is working with Cerberus Advisory to secure further investments through underwriting and institutional investor participation to reach their $1.67 million target.

For further insights into AU:C7A stock, check out TipRanks’ Stock Analysis page.

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