Institutions snap up $60 million Oxiana placement

OXIANA Resources closed its institutional share placement oversubscribed in a matter of hours, raising more than $60 million through the issue of 115 million shares at 54 cents apiece.

Institutions snap up $60 million Oxiana placement Institutions snap up $60 million Oxiana placement Institutions snap up $60 million Oxiana placement Institutions snap up $60 million Oxiana placement Institutions snap up $60 million Oxiana placement

An extremely happy Owen Hegarty, managing director of Oxiana, watched as the shares were snapped up in three hours by institutions across the world.

He told MiningNews.

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