CYM
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0.00% 3.0¢ cyprium metals limited

Ann: Trading Halt, page-189

  1. jhol0022
    30 Posts.
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    03/02/23
    09:37
    Post #: 66047131
    Fresh Equities has access to the deal terms.

    https://www.freshequities.com/capital-raises/61Md3

    Looks like use of proceeds are

    • the minimum funds required to finalise the Senior Secured Bond process, being A$20 million;
    • continued exploration activity at Nifty, Maroochydore and Murchison Copper projects;

    Deal launched fully covered so stock might only go to instos meaning less sell side pressure when they come out of TH.

    Last edited by jhol0022: 03/02/23
    CYM Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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3.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $45.77M
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