CAPITAL MARKETS

Resolute attracts more funding and new investor Condire

RESOLUTE Mining says “strong interest” from investors has seen it increase its fund raising by 17% to A$164 million, with “cornerstone” support of $55 million received from a North American institutional investor based out of Dallas called Condire Management.

Resolute attracts more funding and new investor Condire

Condire will hold about 16% of Resolute and have the right to appoint a representative to the Resolute board, though at this stage it has declined the latter offer. Resolute said it will use $144 million...

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