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Cassius Mining Ltd ( (AU:CMD) ) just unveiled an update.
Cassius Mining Limited announced a successful placement to raise approximately $530,000 through the issuance of new shares to sophisticated and professional investors. The funds will be allocated towards advancing the company’s projects in Madagascar, progressing international arbitration in Ghana, exploring new opportunities, and supporting working capital. This strategic financial move is expected to bolster Cassius Mining’s operational capabilities and enhance its positioning in the mining industry.
More about Cassius Mining Ltd
Cassius Mining Limited operates in the mining industry, focusing on the development of mineral resources. The company is involved in projects in Madagascar and Ghana, with a market focus on advancing these developments and exploring new opportunities.
YTD Price Performance: 16.67%
Average Trading Volume: 1,029,581
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$8.35M
Find detailed analytics on CMD stock on TipRanks’ Stock Analysis page.