Brief: Calidus Resources Announces Capital Raising And Conversion Of Up To A$38.5M
April 21 (Reuters) - Calidus Resources Ltd CAI.AX :
* CAPITAL RAISING AND CONVERSION OF UP TO A$38.5M
* FIRM COMMITMENTS RECEIVED FOR A SINGLE TRANCHE PLACEMENT
TO
RAISE A$23 MILLION AT A$0.21 PER SHARE
* UNDERTAKING A SHARE PURCHASE PLAN TO RAISE A FURTHER A$5
MILLION
* RAISING TO IMPLEMENT 130,000OZPA EXPANSION STRATEGY
Source text for Eikon: ID:nASX6y2VDn
Further company coverage: CAI.AX
((Reuters.Briefs@thomsonreuters.com;))
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