March 25 (Reuters) - Calidus Resources Ltd CAI.AX :
* FIRM COMMITMENTS RECEIVED FOR $12.5M IN SHARE PLACEMENT AT 40C PER SHARE
* PROCEEDS WILL BE USED TO FUND ACQUISITION OF BLUE SPEC GOLD PROJECT
March 25 (Reuters) - Calidus Resources Ltd CAI.AX :
* FIRM COMMITMENTS RECEIVED FOR $12.5M IN SHARE PLACEMENT AT 40C PER SHARE
* PROCEEDS WILL BE USED TO FUND ACQUISITION OF BLUE SPEC GOLD PROJECT