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Vulcan attracts Cambrian

VULCAN Resources shares jumped over 20% after London based mining finance house Cambrian Mining invested $3.1 million, with the funds to be part used to form a new Finnish nickel company to develop Vulcan’s assets.

Rebecca Keenan
Vulcan attracts Cambrian

Cambrian will have a 19.8% stake in Vulcan after the issuing of 9 million shares at 18c each – for a total of $1.6 million. A further 9 million options will also be issued exercisable at 25-40c over the...

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