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Cobalt Blue Raises $520K in Entitlement Issue but Faces 77M Share Shortfall

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Cobalt Blue Raises $520K in Entitlement Issue but Faces 77M Share Shortfall

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Raised $519,647 through entitlement issue at $0.072 per share
  • 7.2 million new shares subscribed out of 84.3 million available
  • Significant shortfall of 77 million shares remains unallocated
  • New shares to be issued on January 23, 2025, trading from January 24
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