CMD: Placement to raise $1.5m
CASSIUS MINING LIMITED
- Cassius Mining Limited has received commitments to raise $1.5 million through the issuance of 88,235,294 new fully paid ordinary shares at $0.017 per share.
- The funds raised will be used for exploration in Madagascar and Tanzania, advancing the Ghanian litigation claim, and working capital purposes.
- 708 Capital acted as Lead Manager for the Placement, and Directors will also subscribe for up to an additional $100,000 of new shares, pending shareholder approval.
2023-06-09 09:26:00