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17 May
09:42

Chalice Mining receives commitment to raise $46.6m

Australian miner Chalice Mining says it has received commitments to raise AUD 70 million ($46.6m) at AUD 7.30 per share via a private placement, Kallanish notes. The raising is driven by a select group of major, long-only institutional investors and significant existing shareholders. In addition to the placement, the company has also announced a share purchase plan (SPP) of up to AUD 10 million at the same offer price. Upon completion of the placement, Chalice M…
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