Chilwa Announces Nasdaq Listing and Pricing of US$3.5 Million Offering

Chilwa Announces Nasdaq Listing and Pricing of US$3.5 Million Offering

HIGHLIGHTS Chilwa Minerals Limited has raised approximately US$3.5 million through an underwritten offering of

Chilwa Minerals Limited prices US$3.5M Nasdaq offering

Chilwa Minerals Limited (ASX: CHW) (NASDAQ: CHWM) said Wednesday it priced a US$3.5 million underwritten offering of American depositary shares ahead of a planned Nasdaq debut Thursday. The base sale would represent 6.25 million new ordinary shares if it closes, with warrants that could add another 6.25 million if exercised. Shares in Chilwa (ASX: CHW) rose 1.67 per cent to A$0.92 as of 11:01 a.m. AEST Thursday on the Australian Securities Excha…

Chilwa Minerals Achieves Nasdaq Listing, Secures US$3.5 Million in Public Offering

Chilwa Minerals Limited (ASX: CHW) has announced its successful listing on the Nasdaq Capital Market, accompanied by the pricing of an underwritten public offering that raised US$3.5 million. The Australian mineral exploration company, whose principal activities involve mineral exploration at The post Chilwa Minerals Achieves Nasdaq Listing, Secures US$3.5 Million in Public Offering first appeared on Sharecafe.