Metals Acquisition Has Received Firm Commitments Via An Oversubscribed Placement Of 8,333,334 New Chess Depositary Interests (new CDIs) At An Issue Price Of A$18.00 Per New CDI To Raise A$150M (around $103M) (before Costs)
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Metals Acquisition has successfully raised A$150 million through an oversubscribed placement of new Chess Depositary Interests (CDIs) at A$18.00 each.
October 09, 2024 | 11:32 am
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Metals Acquisition has raised A$150 million through an oversubscribed placement of new CDIs, indicating strong investor interest and potential for future growth.
The successful and oversubscribed placement suggests strong investor confidence in Metals Acquisition, which could positively impact its stock price in the short term. The raised capital may be used for growth initiatives, further enhancing investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100