PROJECT FINANCE

Parsons factor sees investors swamp Auteco

STEVE Parsons’ decision to join Auteco Minerals at a time to help it move into the Canadian copper space has got the nod from investors, with a share purchase plan being offered three times the cash sought.

Green Bay port

Green Bay port

When Auteco announced its plans to rescue the Green Bay copper-gold project in Newfoundland for around A$65 million it secured commitments for $50 million for a placement at 2.5c, including $5 million...

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