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Raiden Resources: Receives applications for $1M capital raise and drilling at Kalabak

September 4, 2020

Raiden Resources has received applications to undertake a $1M capital raise and begin drilling at the Kalabak Project in Bulgaria
To raise the $1M, Raiden will issue more than 142M fully paid ordinary shares to sophisticated and professional investors at 0.7 cents each
The company will use the money to advance its projects, further acquisitions, and provide working capital
As stated before, Raiden has also received applications to begin drilling at the Kalabak Project
Work will begin at the Sbor target and then move to the Belopolsti epithermal gold target
Raiden is up a healthy 33.3 per cent on the market and shares are trading for 1.2 cents each