Redbank seeking $4.4M in raising

JUNIOR copper play Redbank Mines is rattling the tin for $A4.4 million for exploration and debt-reduction in an issue underwritten by Michael Kiernan’s new resources vehicle, Stirling Resources.

Redbank seeking $4.4M in raising Redbank seeking $4.4M in raising Redbank seeking $4.4M in raising Redbank seeking $4.4M in raising Redbank seeking $4.4M in raising

Redbank, which had $108,000 cash on hand at the end of the last quarter, will offer shareholders two shares for every one already held at 1c per share in a bid to raise $4.4 million.

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