CAPITAL MARKETS

Mineral Deposits raises $136M, shares plunge

SHARES in Mineral Deposit have plunged after resuming trading today, despite the company reporting it had raised $A136 million after completing the institutional component of its recently announced equity raising.

MiningNews.Net
Mineral Deposits raises $136M, shares plunge

The funds were raised via a 1-for-4 accelerated non-renounceable pro-rata entitlement offer and the fully underwritten institutional placement, which were priced at $6 per share. “We are delighted...

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