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Ausdrill hammering for opportunities

MINING services group Ausdrill plans to raise $A44.5 million in new equity to fund unspecified capital expenditure and expansion opportunities.

Michael Quinn
Ausdrill hammering for opportunities

Institutional and private investors are subscribing for $32 million worth of shares (priced at $1.45 per share), while an underwritten share purchase plan (SPP) will kick in a further $12.5 million. ...

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