Brief: Cygnus Metals Receives For A$11.1 Mln
Aug 21 (Reuters) - Cygnus Metals Ltd CY5.AX :
* FIRM COMMITMENTS RECEIVED FOR A$11.1M
* PLACEMENT OF A$3.0M
* PLACEMENT WAS PRICED AT A$0.225 PER SHARE
* WILL ALSO OFFER A SHARE PURCHASE PLAN
* RAISING TO GROW RESOURCES AND TEST KNOWN SPODUMENE-BEARING
TARGETS
Source text for Eikon: ID:nASX822tf6
Further company coverage: CY5.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Cygnus Metals
See all newsBrief: Cygnus Metals Says Co Enters Into Scheme Implementation Deed
Brief: Central Asia Metals To Buy Cygnus Metals For A$232 Million Via Scheme Of Arrangement
Brief: Cygnus Metals Requests Trading Halt
Brief: Cygnus Metals To Raise A$25 Million At A$0.16 Per Share
Australia's Cygnus Metals falls on discounted placement