Catalyst Metals chairman Nathan McMahon says he will defer his salary as the company begins its strategy to reduce its non-core assets in light of the financial crisis.
Perth-based molybdenum miner and explorer Catalyst Metals Ltd has launched an options offer to raise up to $115,000 for working capital, after raising $3.2 million in its share float earlier this year.
The Directors of Catalyst Metals Limited are pleased to announce that the initial public offering to raise $3.2 million has closed as of Monday 10th July, and was well oversubscribed.