CAPITAL MARKETS

Danakali raises cash for FEED efficiency plan

POTASH project developer Danakali will raise A$12.2 million through a placement for work on its planned Colluli project in Eritrea.

Andrew Hobbs
Danakali raises cash for FEED efficiency plan

The company will issue about 20 million new ordinary shares to investors from Australia and the United Kingdom at 62c each, a 7.4% discount to the company’s last closing price of 67c and a 7.9% discount...

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