InvestSMART

Citigold Corporation Limited (ASX:CTO)

ALERT: Price-sensitive ASX Announcement for CTO
Current share price for CTO : $0.016 0.004 (33.33%)+
Release
20 Aug 2026 11:49AM
Price at Release
$0.012
Full Release
download
Summary
Citigold Corporation Limited announced the completion of a A$4.5 million placement with DEP Nominees Pty Ltd ATF Carmen Trust, where A$2.0 million was allocated for settling a secured loan facility with DEP. The company received the remaining A$2.5 million, and all security interests held by DEP are expected to be discharged. This announcement also contains a cautionary note regarding forward-looking statements and the associated risks.
Key Points
  • Citigold Corporation Limited completed a A$4.5 million placement with DEP Nominees Pty Ltd ATF Carmen Trust.
  • A$2.0 million from the placement was used to settle a secured loan facility held by DEP.
  • Citigold received the remaining A$2.5 million as part of the settlement.
  • Security interests held by DEP are expected to be released and discharged following the settlement process.
  • The announcement includes a cautionary note about forward-looking statements being subject to risks and uncertainties.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.