EXPLORATION & DEVELOPMENT

Herald raising to fund Dairi greenfields exploration

HERALD Resources has raised $2 million in a placement to Macquarie Bank to restart greenfields exploration and drilling at its Dairi project in Indonesia.

Michael Quinn
Herald raising to fund Dairi greenfields exploration

Macquarie has subscribed for 2.5 million shares at 80 cents each, adding to the $9.3 million worth of debt and equity it has provided Herald over the last couple of years. Herald says greenfields drilling...

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