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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

Benzinga·10/01/2026 06:12:01
  • 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.