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Calidus raises A$16.5m through share placement

By:  
Creamer Media Contributing Editor Online
 
GOLD
ASX-listed Calidus Resources has received firm commitments from institutional, sophisticated and professional investors for the placement of about 143.6-million new fully paid ordinary shares at an issue price of A$0.115 to raise about A$16.5-million. Proceeds from the placement will be used to repay debt and provide additional working capital.
 
 
 
 
 

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