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Credit Clear Issues 32 Million Shares to Director Under Approved Placement

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Credit Clear Issues 32 Million Shares to Director Under Approved Placement

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An announcement from Credit Clear Limited ( (AU:CCR) ) is now available.

Credit Clear Limited has issued 32 million fully paid ordinary shares at $0.25 per share to a company director under a previously announced and shareholder-approved placement. The company confirmed that the share issue was conducted without a disclosure document in reliance on provisions of the Corporations Act, and stated it is up to date with its financial reporting and continuous disclosure obligations, with no excluded information requiring disclosure, signalling regulatory compliance and transparency for investors.

The most recent analyst rating on (AU:CCR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Credit Clear Limited stock, see the AU:CCR Stock Forecast page.

More about Credit Clear Limited

Credit Clear Limited (ASX: CCR) is an Australian-listed company that provides technology-driven solutions for managing receivables and debt collection, servicing clients that require compliant, digital-first payment and collection capabilities across various sectors.

Average Trading Volume: 420,137

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$115.5M

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

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