CAPITAL MARKETS

Options windfall for Hillgrove

SOUTH Australia-focused copper hopeful Hillgrove Resources has another $7.6 million with which to advance its Kanmantoo project, following the recent exercising of options in the company.

Paul Garvey
Options windfall for Hillgrove

Options holders exercised 93.5% of the 20c Hillgrove options that were set to expire at the end of 2006, with underwriters picking up the remainder. Hillgrove ended the year trading between 24c and 27.5c...

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