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Cassius Mining Ltd ( (AU:CMD) ) just unveiled an update.
Cassius Mining Limited announced a successful capital raise of $1.1 million through a placement of new shares to sophisticated and professional investors. The funds will be allocated to the Soalara project in Madagascar, support ongoing litigation in Ghana, and for general working capital, potentially enhancing the company’s operational capabilities and market positioning.
More about Cassius Mining Ltd
Cassius Mining Limited operates in the mining industry, focusing on advancing projects in Madagascar and Ghana. The company is involved in the exploration and development of mineral resources, with a market focus on expanding its mining operations and pursuing legal claims related to its projects.
Average Trading Volume: 439,704
Technical Sentiment Signal: Hold
Current Market Cap: A$20.83M
For an in-depth examination of CMD stock, go to TipRanks’ Overview page.