Morella Corporation Plans New Securities Issue

Morella Corporation Limited (AU:1MC) has released an update.

Morella Corporation Limited has announced a new securities issuance which includes over 61 million new options exercisable at $0.072 each, and approximately 123.5 million ordinary fully paid shares. The offer, detailed in the company’s latest ASX announcement, has key dates with the ex-date on the 7th of August and offer closing on the 22nd of August, 2024. This move could potentially interest investors looking to capitalize on new investment opportunities within the company.

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