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Citius Resources (CRES) Share News

IN BRIEF: Citius Resources interim loss narrows; eyes reverse takeover

24th Jan 2025 11:26

Citius Resources PLC - investment company formed to undertake an acquisition of a target company or business in the natural resources or financial sector - Pretax loss narrows to GBP73,184 in the six months to October 31 from GBP340,378 a year prior. Citius says it is in the final stages of the reverse takeover of Harena Resources Pty Ltd. Australia-based Harena is the 75%-owner of Ampasindava rare earths project in Madagascar. Read More

IN BRIEF: Citius Resources interim loss widens; eyes reverse takeover

10th Nov 2023 14:12

Citius Resources PLC - investment company formed to undertake an acquisition of a target company or business in the natural resources or financial sector - Pretax loss in the six months to October 31 widens to GBP340,378 from GBP136,526 a year prior, both in line with administrative fees. Expects reverse takeover of Harena Resources Pty Ltd to complete in the next reporting period. Australia-based Harena is the 75% owner of Ampasindava rare earths project in Madagascar. Read More

Citius Resources annual loss widens amid reverse takeover

22nd Aug 2023 15:53

(Alliance News) - Citius Resources PLC on Tuesday reported that its annual loss widened, amid its reverse takeover of AUC Mining Ltd. Read More

Citius Resources expects to complete reverse takeover, loss narrows

29th Nov 2022 12:04

(Alliance News) - Citius Resources PLC said on Tuesday that it expects to complete a reverse takeover of AUC Mining Ltd, pending due diligence, while it reported its interim loss to have mildly narrowed. Read More

UK shareholder meetings calendar - next 7 days

12th Aug 2022 15:43

EARNINGS UPDATES: Yourgene posts record revenue; Solid State payout up

27th Jul 2022 12:01

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Citius Resources agrees reverse takeover of Uganda gold mine

9th Jun 2022 14:48

Citius Resources PLC - Rugby, England-based company seeking to buy precious or base metals projects - Signs binding heads of terms for the acquisition of AUC Mining (U) Ltd. AUC owns the Kamalenge gold project in the Mubende gold district of Uganda. The GBP2.0 million price tag would be paid with the issue of 43.24 billion Citius shares at an implied price of 4.63 pence each. The deal represents a reverse takeover, so trading in Citius shares is suspended from Thursday. The stock was last quoted at 3.00p. Citius listed on the London Main Market back in August of last year. Read More