CAPITAL MARKETS

Teranga picks up $30M investment

TORONTO and Australia-listed Teranga Gold Corporation has secured $C30 million ($A29.2 million) in financing via a share offer agreement on a bought deal basis.

Justin Niessner
Teranga picks up $30M investment

The arrangement will see a syndicate of underwriters led by Canadian investment dealer Cormark Securities purchase 36 million Ternaga shares at 83c apiece, with net proceeds to be used for general corporate...

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