Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,629.80
0.16%
Copper
4.24
(0.07%)
Oil
68.21
0.09%
Bitcoin
87,512.10
(1.39%)
FTSE 100
8,125.19
0.65%
Nikkei 225
39,666.87
0.06%
Dow Jones
44,293.13
0.53%
Iron Ore
101.10
0.44%
USD/AUD
0.66
(0.13%)
Hang Seng
20,426.93
0.83%

Constellation Resources (ASX: $CR1) secures $1.4 million through placement

Constellation Resources' successful capital raise


Constellation Resources Limited (ASX: $CR1) has announced the successful placement of 9,375,000 new ordinary shares at an issue price of $0.12 per share, raising gross proceeds of $1.125 million. In addition, Directors and Officers have subscribed for 2,233,334 new ordinary shares to raise a further $268,000, subject to shareholder approval. The proceeds will be utilized for the company's current exploration activities in Western Australia, business development opportunities, and general working capital.

Executive Commentary on Capital Raise


The successful placement and the planned participation of Directors and Officers demonstrate the confidence in our exploration activities and business development prospects. We are committed to utilizing the raised capital efficiently to drive our corporate strategy and create value for our shareholders.

Summary of Capital Raise and Incentive Options Issuance


Constellation Resources (ASX: $CR1) has successfully secured $1.4 million through a placement of new ordinary shares and subscriptions by Directors and Officers. The raised capital will be used to fund the company's exploration activities in Western Australia, pursue business development opportunities, and support general working capital needs. Additionally, the company has granted incentive options to key consultants, Directors, and Officers, subject to shareholder approval, to further align their interests with the company's long-term success. The company remains focused on its corporate strategy and is optimistic about the potential growth and value creation for its stakeholders.

CONSTELLATION RESOURCES LIMITED
CR1 | ASX | Materials
0.1550(+0%)
At close 11/11 (AEDT)
Market cap
$9.8M
Volume
100,000
DY Yield
PE Ratio
52 Week Range
0.082 - 0.255
1YR Return
N / A

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