CAPITAL MARKETS

Western Areas cashes up with $35M placement

NICKEL miner Western Areas has gone to the markets with a share placement raising $A35.35 million.

Kate Haycock

The company said today it had issued 7 million shares at $5.05 per share, a 3.6% discount to its closing price yesterday of $5.24 per share. The raising, along with a recent loan from BHP Billiton and...

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