14
May
14:19
Equinox raises funds for Hamersley iron ore project
Equinox Resources Limited (Equinox) will secure approximately AUD 6 million ($3.97m) to accelerate its rare earths project in Brazil and iron ore project in Australia, Kallanish notes.
According to the company's announcement on the ASX on 14 May, Equinox has completed an oversubscribed equity placement on 14 May. It has secured firm commitments for AUD 4 million at an offer price of $0.2 per share via the issue of 20,000,000 ordinary shares, together with a on…
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