June 9 (Reuters) - Cradle Resources Ltd CXX.AX :
* Capital raising funds Cradle to expected project financing CXX.AX
* Project is estimated to generate EBITDA averaging US$112M per annum over its
30 year mine life
* Secured commitments to raise $2.16 million via the placement of 8 million
ordinary shares
* Source text for Eikon ID:nASX4hqzbg
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