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Focus eyes $39.3M raising

FOCUS Minerals is seeking to boost its coffers by up to $A39.3 million to lift gold production to 130,000 ounces from its Western Australian operations in 2012 and accelerate exploration.

MiningNews.Net
Focus eyes $39.3M raising

The gold miner is seeking to raise $32.3 million via the placement of 425 million ordinary shares at an issue price of 7.6c per share to institutional and sophisticated investors. Focus said the placement...

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