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CMG finds backing for Lindfield's next feasibility phase

10:19am on Monday 19th of October, 2026 AEDT • Mining
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CMG finds backing for Lindfield's next feasibility phase

10:19am on Monday 19th of October, 2026 AEDT
Key Points
  • $1.25 million placement and $800,000 share purchase plan at 6 cents a share
  • Funds earmarked for drilling, metallurgical testing and environmental approvals at Lindfield
  • Idemitsu commits up to $694,059 to maintain its 33.86% holding
  • Gerhard Redelinghuys joins the board and plans to subscribe for $266,320
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