Caspin Resources Ltd's (ASX:CPN) Greg Miles speaks to Proactive's Andrew Scott soon after announcing they've received firm commitments from major and long-term shareholders for a strongly supported placement that raised $9.75 million. It was cornerstoned by Caspin’s existing major shareholders including Chalice Mining Ltd (ASX:CHN) and Tinci Materials (SHE:002709) who subscribed for $900,000 and $1.97 million, respectively.
Caspin Resources enjoys strong support from major existing shareholders in $9.75 million raise