CAPITAL MARKETS

Oxiana closes share offer early, oversubscribed

OXIANA Resources has closed a general offer of 25 million shares to raise up to $3 million early and oversubscribed.

Greg Tubby

The 12c per share offer opened on June 8, with subscribers entitled to one option convertible at 25c by September 30, 2002, for every two shares taken up. The money raised from the offer has been earmarked...

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