Calidus Doubles Share Purchase Plan to A$6m

Calidus Resources (ASX: CAI)

Announced an update regarding the increase in the maximum size of its Share Purchase Plan (SPP), doubling it from A$3 million to A$6 million.

This increase will allow for the issue of up to 52,173,913 shares and 26,086,957 options, due to investor demand.

 

 

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Calidus Resources

Calidus Resources commemorative coin

 

 

Calidus Resources ASX: CAI
Stage Production, exploration
Metals Gold, lithium
Market Cap A$99 m  @ A$ 13c
Location Pilbara, Western Australia
Website https://www.calidus.com.au

 

 

 

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Calidus Doubles Share Purchase Plan to A$6m

 

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Calidus Resources (ASX: CAI) announced an update regarding the increase in the maximum size of its Share Purchase Plan (SPP), doubling it from A$3 million to A$6 million.

This increase will allow for the issue of up to 52,173,913 shares and 26,086,957 options, due to investor demand.

In accordance with this, the company have issued a Supplementary Prospectus, which can be viewed HERE.

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Disclosure

At the time of writing the author holds shares in Calidus Resources.

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