CAPITAL MARKETS

Metals X raises cash

GOLD and tin producer Metals X has raised $A40.44 million via a gold prepay facility.

Kristie Batten

Under the arrangement with Citibank, the company will deliver 30,000 ounces of gold, or 1250oz per month for 24 months, in return for the cash. The company’s gold division – comprising the Higginsville...

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