CAPITAL MARKETS

Hillgrove raises $10.8M

HILLGROVE Resources has raised $A10.8 million in an oversubscribed placement, providing the company with a solid cash buffer in the wake of transitioning to new mining operations at its Kanmantoo mine in South Australia.

Lauren Barrett
Hillgrove raises $10.8M

Emerging from a trading halt today, Hillgrove said it had completed an equity raising through the issue of about 153.7 million shares to institutional and sophisticated investors at 7c per share. ...

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