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Brief: Chalice Gold Mines

Chalice Gold Mines has agreed to place 21.6m shares at 42¢ a share to raise $9.1m.

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Chalice Gold Mines has agreed to place 21.6m shares at 42¢ a share to raise $9.1m. Of this $7.8m will be used to exercise the option to purchase the remaining 20pc interest in the Zara gold project in Eritrea from Dragon Mining .

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    Original URL: https://www.afr.com/companies/brief-chalice-gold-mines-20100524-ivhrz