BUZZ-Australia's Cassius Mining gains on plans to fundraising plan

Reuters

2025/01/13

** Shares of Cassius Mining jump 8.3% to A$0.013

** Miner to raise A$1 mln ($614,700) via a share placement to fund Soalara project in Madagascar and pursue its Ghana lawsuit

** Issue price of A$0.01/shr is a 16.7% discount to stock's last close

** Stock fell by 70% in 2024

($1 = 1.6268 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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