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Constellation Resources Ltd. ( (AU:CR1) ) just unveiled an announcement.
Constellation Resources Ltd. has announced a non-renounceable pro-rata entitlement offer, allowing shareholders to purchase new shares at $0.12 each, on a one-for-three basis. This offer, which does not require a prospectus, opens on May 30, 2025, and closes on June 16, 2025, and aims to raise capital without the need for extensive disclosure, potentially impacting the company’s financial strategy and shareholder value.
More about Constellation Resources Ltd.
Average Trading Volume: 60,763
Technical Sentiment Signal: Sell
Current Market Cap: A$11.82M
Find detailed analytics on CR1 stock on TipRanks’ Stock Analysis page.