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Corella Resources Announces Proposed Securities Issue

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Corella Resources Announces Proposed Securities Issue

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

Corella Resources Ltd has announced a proposed issue of securities, including 285,714,284 ordinary fully paid shares and free attaching options exercisable at $0.004 within three years. This move is part of a placement or other type of issue, with the proposed issue date set for February 20, 2026. The announcement indicates a strategic effort by Corella Resources to raise capital, which could potentially enhance its market position and operational capabilities.

More about Corella Resources Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$4.13M

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

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