Chilwa Minerals Limited (CHWM) Closes $3.5M ADS Offering With Warrants
Chilwa Minerals Limited (CHWM) raised $3.5M through an offering of 625K ADSs and warrants at $5.60 each. Warrants are exercisable immediately and expire in 5 years. The underwriter partially exercised its option to buy 92K warrants. According to the company, the funds will support exploration at the Chilwa Critical Minerals Project.

