The directors of Consolidated Zinc Limited (“Company”) (ASX:CZL) are pleased to announce that following the strong support from shareholders in the recently completed Entitlement Issue, they have received firm commitments to raise a further $0.57 million via a single tranche placement of 190.0 million new fully paid ordinary shares (“Placement Shares”) in the Company to sophisticated and professional  investors pursuant to section 708 of the Corporations Act 2001 (Cth).

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