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Diamond developer Newfield seeks $51M at deep discount

Funds required to support ongoing operations at emerging Tongo mine in Sierra Leone 

Haydn Black
Cash is needed to complete Tongo's development

Cash is needed to complete Tongo's development

The company has teamed up with lead manager Townshend Capital to raise up to A$50.8 million at 35c per share, a 35% discount.   Newfield shares have not traded at 35c since July, and have steadily...

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