Castillo Copper: Raises $2.1M for Mt Oxide pillar
- Castillo Copper (CCZ) has raised $2.1 million and will use the money to accelerate drilling at the Mt Oxide pillar in Queensland
- More than 95 million shares will be issued to sophisticated and institutional investors at a price of 2.2 cents each
- Investors will also receive one free attaching option for every share issued
- These options will priced at five cents each and will expire within three years of issue
- Castillo Copper has also announced that it is in the final stages of completing its listing on the Standard Board of the London Stock Exchange
- Company shares are up an even four per cent on the market and are trading for 2.6 cents each
