CAPITAL MARKETS

Western Desert favours equity for Roper Bar

WESTERN Desert Resources is chasing $A30 million in an equity raising and share purchase plan that will replace a revolving credit facility previously provided by Noble Resources International.

Lauren Barrett

Western Desert favours equity for Roper Bar

The company, which is advancing its flagship Roper Bar iron ore project in the Northern Territory into production, said it had agreed to issue about 46.15 million new shares at 65c per share to investors...

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