PROJECT FINANCE

Hastings raising swamped by demand

INTEREST in Australia’s next rare earth operation has seen Hastings Technology Metals increase its capital raising by A$30 million to $101 million.

 Hastings is sitting pretty on a pile of cash for its development

Hastings is sitting pretty on a pile of cash for its development

Last week, Hastings announced a $57 million underwritten placement with Canaccord Genuity at 19c, and flagged a potential second tranche for a further $15 million in anticipation that investors may miss...

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