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How Will Clara’s $1.6M Raise Transform the Ashford Coal Project?
8:36am on Tuesday 21st of October, 2025 AEDT
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Mining
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How Will Clara’s $1.6M Raise Transform the Ashford Coal Project?
8:36am on Tuesday 21st of October, 2025 AEDT
Key Points
Capital raising totals $1.587 million via placement and rights issue
Rights issue fully underwritten by Sophisticated Capital Pty Ltd
Funds earmarked for resource drilling and Preliminary Feasibility Study
Offer price set at $0.003 per share, representing a significant discount
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Clara Resources Australia (ASX:C7A)
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