PROJECT FINANCE

Kin seeks $10M more

KIN Mining is going back to the market again to raise a further A$10.4 million, less than five months after it raised $11 million as the tarnished company looks to put more cash into its much-delayed Leonora gold project and get a debt monkey off its back.

The incomplete Cardinia plant waits for Kin to get back on track.

The incomplete Cardinia plant waits for Kin to get back on track.

Shares in the gold hopeful were again down almost 7% this morning to 8.4c, a new 52-week low as it revelled it will undertake a pro-rata two-for-five non-renounceable entitlement offer at just 8c per share,...

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