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Critical Resources Issues New Tranche of Unquoted Options

Story Highlights
  • Critical Resources is issuing multiple new tranches of unquoted options with expiries in 2028.
  • The expanded option pool broadens the company’s capital structure and potential future funding flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Critical Resources Issues New Tranche of Unquoted Options

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Critical Resources Ltd ( (AU:CRR) ) has provided an announcement.

Critical Resources Limited has notified the market of the issue of new unquoted options, expanding its pool of equity-based instruments available to stakeholders. The company will issue 24,062,500 options exercisable at $0.008 expiring in April 2028, along with three new classes of 10,000,000 options each, with exercise prices of $0.02, $0.03 and $0.04 expiring in December 2028, as part of previously announced transactions, a move that broadens its capital structure and may provide additional future funding flexibility without immediate share dilution.

More about Critical Resources Ltd

Average Trading Volume: 4,483,068

Technical Sentiment Signal: Sell

Current Market Cap: A$26.64M

See more data about CRR stock on TipRanks’ Stock Analysis page.

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