CAPITAL MARKETS

Westonia seeks extra cash

WESTONIA Mines has been forced to ask investors for more funds to cover a bond associated with the purchase of the Big Bell gold plant, but has won renewed issue support from underwriting broker Euroz Securities.

Rebecca Keenan
Westonia seeks extra cash

The company is now trying to raise $6.6 million via an 11-for-10 non-renouncable entitlement issue at 10c a share. It originally wanted investors to take up a one-for-two offer at 10c, to raise $5 million....

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.