Cirralto Limited (ASX:CRO) announced a private placement of 82,000,000 shares at a price of AUD 0.007 per share for gross proceeds of AUD 574,000 on December 19, 2019. The transaction included participation from new sophisticated investors, as well as a number of existing shareholders, including Peter Richards, Adrian Floate, and Howard Digby for a total proceeds of AUD 56,000.