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Venture Minerals Limited ( (AU:CRI) ) has issued an update.
Critica Limited has confirmed that all resolutions presented at its latest general meeting of shareholders were approved by poll. The resolutions covered the ratification of previously issued Tranche 1 placement securities under listing capacity, the issue of Tranche 2 placement securities to placement investors, and the approval of director participation in the placement for three board members. The strong support for the placement-related resolutions, including director subscriptions, effectively endorses the company’s recent capital-raising initiatives and governance decisions, providing Critica with shareholder-backed flexibility to deploy new equity capital in support of its ongoing corporate and operational objectives.
The most recent analyst rating on (AU:CRI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Venture Minerals Limited stock, see the AU:CRI Stock Forecast page.
More about Venture Minerals Limited
Average Trading Volume: 10,548,850
Technical Sentiment Signal: Buy
Current Market Cap: A$81.5M
For an in-depth examination of CRI stock, go to TipRanks’ Overview page.