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Podcast: Company Interviews
Episode: Calidus Resources (ASX:CAI) - Reignites Growth with Financial Restructuring & Operational Milestones
Description: Interview with David Reeves, MD of Calidus Resources Ltd.Our previous interview: https://www.cruxinvestor.com/posts/calidus-resources-cai-23m-growth-capital-to-deliver-130000oz-3120-95632Recording date: 25th March 2024Calidus Resources, an emerging gold producer operating in the Pilbara region of Western Australia, has recently taken significant steps to strengthen its financial position and pave the way for substantial near-term production growth. Calidus has completed a $16.5 million capital raise to further bolster its balance sheet, as the company has restructured its financing arrangement with Macquarie Bank, freeing up approximately $31 million in cash flow this year. T...