CAPITAL MARKETS

Metex boosts its coffers

SHARES in Metex Resources jumped as much as 14% this morning on news it had secured all funding requirements to complete a $A20 million underground coal gasification (UGC) trial at Bloodwood Creek in southeast Queensland.

MiningNews.Net
Metex boosts its coffers

The Perth-based company gained 6.5c to hit an intraday high of 53c after announcing the latest share placement of 55 million shares at 40c per share to raise $22 million brought total funds raised over...

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