CAPITAL MARKETS

African Energy investors vote with their pockets

COAL and uranium company African Energy has raised $A15 million in an oversubscribed placement to fund the potential development of its Sese coal property in Botswana by late next year.

MiningNews.Net

African Energy investors vote with their pockets

The company placed 30 million new ordinary shares, at a price of 50c per share, with institutional and sophisticated investors from Asia, Europe and Australia. Lead manager for the raising was Helmsec...

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