Perth-based gold, zinc and nickel hopeful Cassini Resources has picked up an interesting shareholder as part of a wider equity raising undertaken with the help of Ashanti Capital.
Street Talk understands Xu Jinfu, chairman and major shareholder of Chinese end-user Tinci Materials, is one of a number of Asia-based investors to tip fresh funds into the company.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
