CAPITAL MARKETS

AMC scales down fund raising ambitions

AUSTRALIAN Magnesium Corp confirmed today it plans to launch a scaled-down $500 million capital raising after the failure of its original $680 million raising in July.

Greg Tubby
AMC scales down fund raising ambitions

The magnesium hopeful, which is also planning a bonus option issue, said it intends to lodge a new prospectus with the Australian Securities and Investments Commission by the end of September. Existing...

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