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Calidus cashes up for Warrawoona feasibility completion

CALIDUS Resources has raised A$9 million to complete the feasibility study for its Warrawoona gold project in Western Australia’s Pilbara region, with undisclosed institutions involved in the funding and miner Alkane Resources maintaining its circa 13% stake by putting in $1.2 million.

Michael Quinn
Investors are backing Calidus' gold venture near Marble Bar

Investors are backing Calidus' gold venture near Marble Bar

The new shares have been priced at 3.2c each, with the stock recently reaching a recent 52-week high of 4c after having been about half that price earlier this year. Calidus has previously broadly guided...

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