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Canadian Phosphate Raises $4.85 Million to Advance Utah and Canadian Projects

8:18am on Monday 1st of June, 2026 AEST Mining
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Canadian Phosphate Raises $4.85 Million to Advance Utah and Canadian Projects

8:18am on Monday 1st of June, 2026 AEST
Key Points
  • 1-for-10 renounceable rights issue at $0.14 per share
  • Free attaching options exercisable at $0.25 for every two shares
  • Funds to support Utah acquisition completion and Canadian drilling
  • Diamond Mountain Project acquisition adds 26.8Mt phosphate resource
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