Coolabah Metals Ltd. (AU:CBH) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Coolabah Metals Ltd. announces a rights issue aiming to raise $1.788 million by offering new shares and options, with each shareholder entitled to one new share at $0.04 for every two held, plus additional options. CPS Capital Group Pty Ltd is the underwriter and lead manager for this offer, which will close on May 9, 2024. The company advises shareholders that the securities are speculative and encourages consulting a professional adviser.
For further insights into AU:CBH stock, check out TipRanks’ Stock Analysis page.