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Corella Resources Ltd Announces Change in Director’s Securities Interest

Story Highlights
  • Corella Resources Ltd reported a change in director Philip Re’s indirect interests in securities.
  • The change involves shares and options acquired through sub-underwriting of an Entitlement Offer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Corella Resources Ltd Announces Change in Director’s Securities Interest

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

Corella Resources Ltd has announced a change in the director’s interest in securities, specifically involving Philip Re. The change pertains to indirect interests through a director-related superannuation fund, entity, and family members. The securities involved are fully paid ordinary shares and options, acquired through sub-underwriting of an Entitlement Offer. Each new share was issued at $0.002 with a free attaching option, exercisable at the same price and expiring in 2028. This change reflects the company’s ongoing financial activities and may impact its market positioning by potentially increasing shareholder value.

More about Corella Resources Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$2.34M

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

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