CAPITAL MARKETS

Pluton builds up war chest

PLUTON Resources has rattled the tin for $A18.3 million to help fund its Irvine Island iron ore plans, with a $5 million shareholder purchase plan also in the works.

Kate Haycock
Pluton builds up war chest

The Melbourne-based explorer today said it had placed around 45.8 million shares at 40c per share to raise $18.3 million. The $5 million share purchase plan will also be priced at 40c. The placement...

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