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Why Catalina Resources Sold Nelson Bay River and Raised Capital at 67% Premium
9:48am on Tuesday 24th of February, 2026 AEDT
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Why Catalina Resources Sold Nelson Bay River and Raised Capital at 67% Premium
9:48am on Tuesday 24th of February, 2026 AEDT
Key Points
Binding divestment of Nelson Bay River Project to Newcam Metals
Release of A$827,200 rehabilitation security deposit to working capital
Placement of 3.62 million shares at A$0.115 each, 67% above last close
Issuance of attaching options subject to shareholder approval
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CATALINA RESOURCES (ASX:CTN)
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