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How Will Catalyst Metals Deploy $150M to Unlock Plutonic Gold Belt Potential?
1:50am on Monday 2nd of June, 2025 AEST
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Mining
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How Will Catalyst Metals Deploy $150M to Unlock Plutonic Gold Belt Potential?
1:50am on Monday 2nd of June, 2025 AEST
Key Points
Raised $150 million via institutional placement at $6.00 per share
Placement shares represent 9.9% dilution of share capital
Proceeds to fund Plutonic Gold Belt development and regional exploration
Company holds $248 million in cash and zero debt
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Catalyst Metals (ASX:CYL)
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