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Indophil raises $8 million

INDOPHIL Resources has raised $8 million to accelerate progress at its Tampakan copper-gold project in the Philippines.

Michael Quinn
Indophil raises $8 million

Brokerage Euroz is to place up to 54 million shares at 15 cents in the raising, with major shareholder Lion Selection Group putting its hand up for half the issue. Next month Indophil plans to drill...

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