Browsing Tag
Cassius Mining Limited
2 posts
ASX top 10 losers on October 5: Vanadium Resources slides 13% as resources dominate
Vanadium Resources Limited fell 13.12% to lead the ASX losers on October 5, while resources stocks took nine of the top 10 places and trading activity was heavily concentrated in Vanadium Resources and ARTRYA Limited.
Cassius Mining’s (ASX: CMD) A$2m placement buys time, but Soalara now needs to deliver
Cassius Mining Limited has raised A$2.025 million through a discounted placement as it seeks to advance its Soalara Limestone Project in Madagascar while continuing international arbitration proceedings against the Government of Ghana. The financing gives the ASX-listed explorer additional liquidity only weeks after it reported less than one quarter of estimated funding at its June-quarter spending rate, but it also materially expands the company’s equity base and potentially adds another large block of options.