Chalice raising $100M

CHALICE Gold Mines has called a trading halt while it seeks to raise A$90 million in an institutional placement.

Chalice raising $100M Chalice raising $100M Chalice raising $100M Chalice raising $100M Chalice raising $100M

Core from the Julimar discovery

Macquarie and Bell Potter Securities are acting as joint lead managers to the placement of 24 million shares at $3.75 per share, a 7.6% discount to yesterday's record closing price of $4.06.