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Live News EQUITY ARTICLE M impact

Australia's Catalina Resources gains on unlocking restricted capital

Shares of Australia's Catalina Resources rise as much as 11.1% to A$0.05, their highest level since August 27. The mineral explorer stated that the divestment of its Nelson Bay River iron ore project in Tasmania has been executed, unlocking up to A$1.29 million in rehabilitation security. The company expects A$827,200 of rehabilitation security to be released before November, with funds to support exploration at its Mid-West gold projects in Western Australia.

CTN.AX

00) in rehabilitation security. Catalina Resources said A$827200 of the rehabilitation security is expected to be released before November, with the funds to be used to support exploration at its Mid-West gold projects in Western Australia. 5% year to date, including the session's moves. 4041 Australian dollars)