CAPITAL MARKETS

Discovery aims high to go underground

DISCOVERY Metals is planning a rights issue to raise a minimum $A10 million to transition to underground at the Boseto copper mine in Botswana.

Andrew Duffy
Discovery aims high to go underground

The two-for-one renounceable rights issue at 2c will include one option for each new share, exercisable at 5c within a 12-month timeframe. The 2c price represents a 47% discount to the 30-day average...

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