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Cazaly Resources raises $2.1m

The iron ore explorer has raised $2.1 million after three or four investors picked up a stake at 60¢ a share.

Edited by Jamie Freed and Sarah Thompson
Updated

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Cazaly Resources has raised $2.1 million after three or four investors picked up a stake in the iron ore explorer at 60¢ a share.

The investors are said to be high net worth clients of Patersons Securities which managed the transaction.

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Original URL: https://www.afr.com/policy/cazaly-resources-raises-2-1m-20100504-iuaut