• $65 million share placement at 16 cents per share to take
Capricorn’s cash balance to approximately $90 million1.
• Placement has been underpinned by two current Capricorn
substantial shareholders, several leading Australian
institutional investors and several of the founders of the
successful gold mining company Equigold NL.
• Proceeds to be used to expedite development plans with a
target to commence construction in the March 2020 quarter
and targeting gold production around a year later.
• This equity raising enables Capricorn to satisfy a key hurdle
to the securing of the $107 million debt and gold hedging
facility previously offered by Macquarie Bank.
Ann: Proposed Share Consolidation, page-9
Add CMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.28 |
Change
0.030(0.57%) |
Mkt cap ! $1.993B | |||
| Open | High | Low | Value | Volume |
| $5.28 | $5.33 | $5.25 | $3.691M | 699.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13394 | $5.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.32 | 2540 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CMM (ASX) Chart |