METS

SDS to raise $16.5 million

SDS Corp is taking advantage of strong interest in the resources sector to raise $16.5 million to retire debt and provide working capital to fund future growth.

Michael Quinn

Bell Potter Securities will place 30 million 55 cent shares with a range of institutional and professional investors. The raising was made at a 20% discount to SDS's last closing price. SDS is a specialist...

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