Latest C7A News

Clara Resources Australia Ltd is raising A$600,000 through a two-tranche placement to fund its Ashford Coking Coal Project and support general working capital. The capital injection aims to strengthen the company’s balance sheet amid challenging market conditions.

Clara Resources has launched a strategic review of its Kildanga polymetallic project following unsolicited interest, weighing options from divestment to joint ventures to enhance shareholder value.

Clara Resources is gearing up for a pivotal drilling campaign at its Ashford Coking Coal Project while successfully raising $1.245 million through an entitlement offer and placement. The company also navigates significant board changes and continues exploration at its Kildanga Nickel/Cobalt project.

Clara Resources outlines key progress on its Ashford Coking Coal Project drilling preparations and details ongoing capital management initiatives, including rights issues and entitlement offers, while navigating boardroom challenges.