Latest Corella Resources (ASX:CR9) News

Corella Resources has successfully completed a fully underwritten rights issue raising $935,487, positioning the company to advance exploration at its Tampu Project and consider new opportunities.

Corella Resources has finalised its fully underwritten entitlement offer, issuing over 300 million shortfall shares and raising a total of approximately $935,000 before costs.

Corella Resources reports promising rare earth element drilling results at its Tampu Project alongside significant board and management changes, while facing tight cash reserves.