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Cannindah Resources Secures $11M in First Placement Tranche, Eyes Shareholder Nod for Next Step
9:32am on Monday 9th of February, 2026 AEDT
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Cannindah Resources Secures $11M in First Placement Tranche, Eyes Shareholder Nod for Next Step
9:32am on Monday 9th of February, 2026 AEDT
Key Points
Issued 246 million shares at $0.045 each in first tranche
Raised approximately $11.08 million before costs
Shares issued under existing ASX placement capacity
Second tranche subject to shareholder approval in March
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