$96m Cash Position to Accelerate Colosseum Development
https://api.investi.com.au/api/announcements/...13-900.pdf
Funds raised will be applied to:
• Advancing enabling and site development works,
• Progressing procurement of key processing infrastructure,
• Supporting final optimisation workstreams,
• Providing the equity component for a future project finance facility, and
• Continue exploration at both the Colosseum and Music Valley projects.
Dateline’s Managing Director, Stephen Baghdadi, commented:
"This raise drew strong support from high-quality institutional investors, a clear endorsement of what
Colosseum represents.
"We're not standing still. Enabling works are already underway and we're pushing ahead on multiple
fronts to make sure the project is ready to move into production quickly when the time comes.
"We're also taking the time to get key elements right, particularly water management. Doing that
properly now pays dividends for the operation and the environment over the long term."
https://api.investi.com.au/api/announcements/...13-900.pdf
Funds raised will be applied to:
• Advancing enabling and site development works,
• Progressing procurement of key processing infrastructure,
• Supporting final optimisation workstreams,
• Providing the equity component for a future project finance facility, and
• Continue exploration at both the Colosseum and Music Valley projects.
Dateline’s Managing Director, Stephen Baghdadi, commented:
"This raise drew strong support from high-quality institutional investors, a clear endorsement of what
Colosseum represents.
"We're not standing still. Enabling works are already underway and we're pushing ahead on multiple
fronts to make sure the project is ready to move into production quickly when the time comes.
"We're also taking the time to get key elements right, particularly water management. Doing that
properly now pays dividends for the operation and the environment over the long term."
