Allied raises additional funds

ALLIED Gold has raised $A10.5 million through a private placement of shares as an alternative to drawing down the final instalment of its finance facility with its bankers.

Allied raises additional funds Allied raises additional funds Allied raises additional funds Allied raises additional funds Allied raises additional funds

The company placed more than 14.6 million shares at $A0.72 per share with institutional clients of United Kingdom-based Mirabaud Securities.

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