Goldminex to boost coffers by $13.5m

AUSTRALIAN explorer Goldminex is defying the recent downturn associated with falling commodities prices as it makes a $A13.5 million private placement of 6.75 million shares at $2 a share – some 40c higher than Friday’s close.

Goldminex to boost coffers by $13.5m Goldminex to boost coffers by $13.5m Goldminex to boost coffers by $13.5m Goldminex to boost coffers by $13.5m Goldminex to boost coffers by $13.5m

The private placement, made at a 25% premium to Friday’s share price, has lifted Goldminex shares 12.5% from $A1.60 to $1.80 in morning trading.

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