middle.news

Cannindah Resources Unveils $15M Placement and $2M Share Purchase Plan

10:02am on Friday 6th of February, 2026 AEDT Mining
Read Story

Cannindah Resources Unveils $15M Placement and $2M Share Purchase Plan

10:02am on Friday 6th of February, 2026 AEDT
Key Points
  • Two-tranche placement raising $15 million at $0.045 per share
  • First tranche of 246 million shares issued immediately, second tranche subject to shareholder approval
  • Share Purchase Plan offers up to $30,000 worth of shares at same discounted price
  • Funds targeted for drilling and exploration at Mt Cannindah Copper-Gold Project
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Cannindah Resources (ASX:CAE)
OPEN ARTICLE