Morella Corp’s New Shares Offer to Raise $4.45M

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

Morella Corporation Limited announces a non-renounceable entitlement offer aiming to raise approximately $4.45 million by offering new shares and options to eligible shareholders. The offer, priced at $0.036 per new share, allows shareholders to purchase one new share for every two shares they own, with additional options available. This capital raise is not underwritten and is only open to shareholders registered by the record date.

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