CZL.- A$2.550 MILLION PLACEMENT TO FINANCE COMPLETION OF WHOLLY OWNED PLANT, REALISATION OF INCREASED INVENTORY LEVELS AND WORKING CAPITAL

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Consolidated Zinc Limited (“Company“) (ASX:CZL) is pleased to advise that it has received firm commitments from sophisticated and professional investors pursuant to section 708 of the Corporations Act 2001 (Cth) to raise $2.550 million before costs, via a placement of 63.750 million fully paid ordinary shares (“Placement Shares“) in the Company (“Placement“).

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