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Corella Resources Announces $935,000 Rights Issue

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Corella Resources Announces $935,000 Rights Issue

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Corella Resources Ltd ( (AU:CR9) ) has provided an update.

Corella Resources Ltd has announced a non-renounceable rights issue to raise approximately $935,000. Eligible shareholders will receive one new share for every share held, along with a free attaching option. This move aims to strengthen the company’s financial position and potentially enhance its market operations.

More about Corella Resources Ltd

Corella Resources Ltd is a company listed on the Australian Securities Exchange (ASX: CR9). The company is involved in the resources sector, focusing on exploration and development projects.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.87M

See more insights into CR9 stock on TipRanks’ Stock Analysis page.

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