CAPITAL MARKETS

Talon launches $3.78 million fund raising

TALON Resources NL has launched a non-renounceable $3.78 million rights issue to accelerate the growth of its environmental technology division, including its range of activated zeolite products used to tackle land degradation and salinity problems.

Greg Tubby
Talon launches $3.78 million fund raising

The issue is being made on a one-for-three basis at a price of 8.5c per share together with a free option attached to each new share exercisable at 15c on or before August 29, 2003. It will raise up to...

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