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Patersons withdraws support for Red Mountain

RED Mountain Mining has been forced to scrap its $A1.35 million rights issue after Patersons Secu...

Kristie Batten
Patersons withdraws support for Red Mountain

The company offered shareholders two new shares for every nine shares held at 0.8c per share with a free-attaching option on a one-for-two basis, exercisable at 1.2c before March 2016. As part of the...

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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.

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