CAPITAL MARKETS

Pluton replaces placement

PLUTON Resources has revised a previously announced private share placement aimed at reducing debt through the issuing of a major stake in the company.

Justin Niessner
Pluton replaces placement

Under the arrangement, General Nice Resources Hong Kong or its nominee will take 19.9% of total Pluton shares over two tranches at an issue price of A9.3c per share. The deal replaces a share placement...

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