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.