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Murchison raises $64 million

MURCHISON United is raising A$63.9 million via the placement of 175 million 39c shares to help fu...

Greg Tubby

Beeson Gregory and Euroz are underwriting the placement, and CIBC has also agreed to arrange a US$35 million non-revolving facility for Murchison. Somincor, currently owned 51% by Portuguese state company...

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