CAPITAL MARKETS

Moto cashes up

MOTO Goldmines has raised $C42 million in new equity for use at its namesake project in the Democratic Republic of Congo, with the raising one of two this week that further confirms the DRC’s return to favour in the eyes of the mining and exploration sector.

Michael Quinn

Moto cashes up

A syndicate of underwriters being led by Haywood Securities (that includes BMO Nesbitt Burns and RBC Capital Markets) have agreed to buy 5.5 million Moto shares priced at $C7.65 per share. Moto’s project...

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