Chalice confirms $100M raising

CHALICE Mining has confirmed an institutional placement to raise A$100 million.

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

Inspecting drill core at Julimar

The issue price of $6 represents a 10% discount to yesterday's close of $6.67.

The company will issue roughly 16.7 million shares, equating to about 4.7% of existing shares on issue.