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AMC caps equity raising at $2.25 a share

AUSTRALIAN Magnesium Corp has capped the price to be paid by retail investors wanting to participate in its $680 million global equity raising at $2.25 a share, compared with AMC's $2.35 closing price yesterday.

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A prospectus lodged with the Australian Securities and Investments Commission yesterday also set the minimum subscription at $3000. The price to be paid by institutional investors, to be announced on...

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