Sphere gets feasibility funds

SPHERE Investments is fully funded to complete a $US22 million ($A29.8 million) bankable feasibility study at its Guelb el Aouj joint venture in Mauritania after wrapping up its second raising within a week, taking total funds to $A45 million.

Sphere gets feasibility funds Sphere gets feasibility funds Sphere gets feasibility funds Sphere gets feasibility funds Sphere gets feasibility funds

Sphere placed 34.7 million shares at $1.00 each to undisclosed sophisticated and institutional clients of Euroz Securities.

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