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Cyprium Metals Limited (ASX:CYM) is pleased to announce the capital raising via a placement (Placement) and a pro rata non-renounceable entitlement offer (Entitlement Offer) was oversubscribed, raising a total of $31.6 million.
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Investor support for the Placement provides a strong endorsement of Cyprium s strategy to restart the Nifty operation as a long life integrated large scale open pit mine.
Cyprium Metals Ltd (ASX:CYM) is pleased to announce a capital raising via a placement and a proposed pro rata non-renounceable entitlement offer to raise up to approximately $29 million before costs.