CAPITAL MARKETS

Cassini gets Chinese backing in fund raising

CASSINI Resources is being backed by “one of the largest” lithium ion battery electrolyte producers in China in a A$7 million capital raising that’ll ensure the ASX-listed company is fully funded as partner OZ Minerals completes feasibility work at the West Musgrave project in 2020.

 Cassini is now well-funded for exploration at its prospects in Australia

Cassini is now well-funded for exploration at its prospects in Australia

Tinci, a subsidiary of the A$2.2 billion capitalised Guangzhou Tinci Materials Technology Co, is said to have "cornerstoned" the raising that's pricing new shares at 10c each and which includes the participation...

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