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Apex in halt over recapitalisation

SHARES in Apex Minerals have entered a trading halt this morning as the company prepares to make an announcement on a proposed recapitalisation and restructuring deal.

Kristie Batten
Apex in halt over recapitalisation

The company said a renounceable rights issue will form part of the proposed arrangement, which will see it wipe out its debt and retain a cash balance of $A50 million. Apex had $10.3 million cash at...

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