$2.5 M Capital Raise plus SPP
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Canyon Resources Limited has announced a successful capital raising of funds through a share placement and a share purchase plan, aiming to raise a total of funds for project development and working capital needs. The placement involves issuing shares to both existing and new sophisticated shareholders, with completion expected shortly. Additionally, a share purchase plan will allow eligible shareholders to participate under the same terms as the placement due to high interest from those unable to join the placement.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Canyon Resources Limited on 6ix
Earlier from Canyon Resources
- Minim Martap Scoping Study
- 2 Part 2 Port Strategy For Minim Martap
- Significant Resource Upgrade at Minim Martap
- High Grade Drilling at Ngaoundal
- Very high grade results from new southern bauxite plateau
Later from Canyon Resources
- Confirmation of Security Purchase Plan
- Appointment of Experienced Executive Rick Smith
- Company Update - PFS Delivery on track.
- Canyon continues to progress Minim Martap
- Pre-Feasibility Study for Minim Martap Bauxite Project
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