PROJECT FINANCE

Gold-lithium exploration focus for latest Calidus raising

EMERGING gold miner Calidus Resources has raised fresh capital to accelerate its gold and lithium exploration drilling in Western Australia’s Pilbara region, while it works to complete ramp-up of its flagship Warrawoona operations.

Calidus wants to undertake more exploration

Calidus wants to undertake more exploration

The A$20 million placement to a mix of new and existing shareholders, was priced at 67c, a 7% discount to recent trading levels.   Some $3 million of that came from New South Wales gold miner Alkane...

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