Castle Minerals: Completes “Oversubscribed” $2.5M Cap Close

Castle Minerals Closes “Oversubscribed” $2.5M Cap Funding Round

  • Castle Minerals (CDT) Completes “Severely Oversubscribed” Placement, Raises $2.5M
  • Company Secures Firm Commitment to 125 Million New Shares from Professional and Experienced Investors at 2 Cents Per Share
  • Castle is also offering two additional listing options for every three new shares subscribed, with a strike price of 5.5 cents, expiring on December 31, 2024
  • The funds will be used to advance Castle’s Kambale graphite project in Ghana, as well as other projects in Ghana and Western Australia
  • Shares in CDT rose 9 per cent to trade at 2.4 cents at 2:12pm AEDT

Information source: Compiled from FINTECHINSHORTS by 0x information.The copyright belongs to the author Steve Sam, and shall not be reproduced without permission

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