Coolabah Metals Ltd. (AU:CBH) has released an update.
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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.