Reported Earlier, Chilwa Minerals To List American Depositary Shares On Nasdaq Capital Market After Pricing $3.5M Offering Of 625,000 ADSs And Warrants At $5.60 Per ADS

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Chilwa Minerals Limited has raised approximately US$3.5 million through an underwritten offering of American Depositary Shares (ADS)
Chilwa’s ADS will be listed on the Nasdaq Capital Market (Nasdaq), while its ordinary shares continue to trade on the Australian Securities Exchange (ASX).
Funds raised will be used to further Chilwa’s mineral exploration activities, for working capital and other general corporate purposes.

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