BASE METALS

VDM raises again at another wild premium

LOW-profile diversified concern VDM Group is again rattling the tin, raising millions more via a private placement at yet another significant premium to advance its 65%-owned Cachoeiras do Binga copper project in Angola.

Core from phase one drilling.

Core from phase one drilling.

The company raised a further A$6 million with a group of professional and sophisticated investors at 1c per share, a 400% premium to the closing price on December 4 of just 0.2c, just days after noting...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: Major investment points to major discovery by Rio
PREVIOUS: BHP's Venus to go ahead

MOST POPULAR

1

DRYBLOWER

Dryblower wonders whether attack of the 'shorters' could break MinRes

2

PROJECT FINANCE

US could splash more than $1B towards Aussie critical metals hopefuls

3

CAPITAL MARKETS

Executive Outcomes: Horizon, Cygnus and more

4

CAPITAL MARKETS

Another big fundraising by the well-versed equity raisers at Firefly

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902