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Corella Resources Announces Entitlement Issue to Raise $935,487

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Corella Resources Announces Entitlement Issue to Raise $935,487

Corella Resources Ltd ( (AU:CR9) ) just unveiled an announcement.

Corella Resources Ltd has announced a pro-rata non-renounceable entitlement issue to raise up to $935,487 by offering new shares at $0.002 each, with a free attaching option for every new share. The offer is fully underwritten by CPS Capital Group and partially sub-underwritten by a company director, with a separate offer of 200 million new options to the Lead Manager, subject to shareholder approval.

More about Corella Resources Ltd

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$935.5K

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

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