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Apex launches $109M rights issue

GOLD miner Apex Minerals has emerged from a trading halt this afternoon with the announcement of a fully underwritten rights issue to raise $A108.6 million to clear the company’s debt and fund future growth.

Kristie Batten
Apex launches $109M rights issue

The 9-for-2 renounceable rights issue will be offered at a price of 4c per share, a discount of 59% to Apex’s closing price of 9.8c on Monday, and is fully underwritten by Patersons Securities. Patersons...

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