TalkChalice Mining stitches up $100m equity dealAnthony Macdonald, Sarah Thompson and Kanika SoodMay 24, 2022 – 10.40amSaveShareGold tearaway Chalice Mining is fronting fund managers for a $100 million equity injection at $6 a share or an 11 per cent discount to the last close.Tim Goyder, left, and Alex Dorsch, chairman and CEO of Perth-based Chalice Mining are in the market for fresh funds. Trevor Collens It is understood the company and its brokers Macquarie Capital and Bell Potter were lining up early investor support on Tuesday morning, before launching the deal more widely.Funds raised were to be used for exploration.Chalice Mining shares last traded at $6.67.The company had a $2.4 billion market capitalisation prior to the .
The group made its name late last year, when it announced what was called the best discovery of platinum group elements ever seen, at Gonneville in Western Australia.Among Gonneville’s six saleable metals were nickel, copper and cobalt, sought by investors seeking exposure to the worldwide decarbonisation push.more to come
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