CAPITAL MARKETS

Sewlyn to raise $10.6 million

SELWYN Mines is raising $10.6 million through a fully underwritten rights issue of one share at 22c plus an attached free option for every two shares held.

Greg Tubby

Sewlyn to raise $10.6 million

Funds raised will be used to retire debt and supplement working capital. The option will be exercisable at 30c up to June 30, 2004 and listing on the ASX for the options will be sought. Auriferous...

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