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Corella Resources Announces Director’s Interest Change

Story Highlights
  • Corella Resources Ltd announced a change in director’s interest involving Philip Re.
  • The change includes acquisition of 7,000,000 shares and 7,000,000 options, impacting shareholding structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Corella Resources Announces Director’s Interest Change

The latest announcement is out from Corella Resources Ltd ( (AU:CR9) ).

Corella Resources Ltd has announced a change in the director’s interest, specifically involving Philip Re. The change includes the acquisition of 7,000,000 fully paid ordinary shares and 7,000,000 options, with a total of 9,000,000 fully paid ordinary shares and 4,500,000 options held after the change. This adjustment was made through the take-up of entitlement under a non-renounceable rights issue, potentially impacting the company’s shareholding structure and director’s stake.

More about Corella Resources Ltd

Technical Sentiment Signal: Buy

Current Market Cap: A$1.27M

For a thorough assessment of CR9 stock, go to TipRanks’ Stock Analysis page.

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