CAPITAL MARKETS

Cyprium raises more equity for Nifty copper venture

COPPER aspirant Cyprium Metals has got A$16 million of commitments from undisclosed investors and is seeking another $10 million from shareholders to progress the Cyprium asset in Western Australia towards first metal production in the second half of 2023.

 Red metal expected from Nifty in the second half of 2023

Red metal expected from Nifty in the second half of 2023

All of the funding is being raised at 11.5c per share. Third party firms set to prosper with fees from the raising include Canaccord Genuity, Euroz Hartleys, Longreach Capital and Steinepreis Paganin....

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