CAPITAL MARKETS

Cash boost for Aztec

AZTEC Resources has taken a big step towards development of its iron ore project off the coast of Western Australia with London-based Cambrian Mining one of a number of investment groups agreeing to underwrite options worth $24.35 million.

Michael Quinn
Cash boost for Aztec

Cambrian will subscribe for a minimum of $5 million worth of options, with Zurich Australia subsidiary LCS Capital and Grange Securities acting as underwriters for all the options on offer. Cartesian Capital...

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