19
Dec
09:50
Mincor Resources completes bookbuild for $37m placement
Australian miner Mincor Resources has received firm commitments for an AUD 55 million ($36.99m) share placement to institutional, professional, and sophisticated investors for 39.57m fully paid ordinary shares at AUD 1.39 per share, Kallanish notes.
The placement was strongly supported by both existing and new shareholders, including the company’s existing substantial holders.
The company intends to use the proceeds of the placement to …
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