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Constellation Resources Ltd. ( (AU:CR1) ) just unveiled an update.
Constellation Resources Ltd. has announced a non-renounceable pro-rata entitlement offer of new shares at an issue price of $0.15 each, on the basis of one new share for every four shares held on the record date. This offer is made under the provisions of the Corporations Act, allowing rights issues without a prospectus, and is intended for existing shareholders. The offer opens on April 28, 2025, and closes on May 19, 2025. This move is expected to provide the company with additional capital, potentially impacting its financial position and market operations.
More about Constellation Resources Ltd.
YTD Price Performance: -15.00%
Average Trading Volume: 25,879
Technical Sentiment Signal: Buy
Current Market Cap: A$10.72M
See more data about CR1 stock on TipRanks’ Stock Analysis page.