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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.

Current stock price: 3.00 pence

By Tom Budszus, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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