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Corella Resources Announces Non-Pro Rata Securities Offer

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Corella Resources Announces Non-Pro Rata Securities Offer

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

Corella Resources Ltd has announced a proposed non-pro rata offer of securities, involving the issuance of 200 million lead manager options. These options are priced at $0.00001, exercisable at $0.002, and will expire three years from the date of issue. This move is part of the company’s strategy to raise capital and potentially enhance its market positioning. The offer is set to close on April 3, 2025, with the proposed issue date being June 12, 2025.

More about Corella Resources Ltd

Corella Resources Ltd is a company involved in the resources sector, focusing on the issuance of securities as part of its financial operations.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$935.5K

For an in-depth examination of CR9 stock, go to TipRanks’ Stock Analysis page.

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