Canyon Resources LimitedASX: CAY

Placement

· Issued by Canyon Resources Limited

Filed with ASX · · 1 page · English

Summary by 6ix AI

Canyon Resources Limited has completed a strategic placement to raise funds from sophisticated and professional investors. The capital raising was fully subscribed, with support from new investors. The funds will be used for ongoing exploration of the Birsok Bauxite Project in Cameroon and for evaluating new project opportunities. The placement involved the issuance of shares and options to investors.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/placement-181

Canyon Resources Limited on 6ix