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The latest announcement is out from Corella Resources Ltd ( (AU:CR9) ).
Corella Resources Ltd has announced a proposed issue of securities, involving a non-renounceable pro rata offer of 467,743,433 ordinary fully paid shares and free attaching options exercisable at $0.002 within three years. This move is aimed at raising capital to support the company’s ongoing operations and strategic initiatives, potentially strengthening its position in the resources industry and providing value to its stakeholders.
More about Corella Resources Ltd
Corella Resources Ltd operates in the resources sector, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and distribution of minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$935.5K
See more insights into CR9 stock on TipRanks’ Stock Analysis page.