CAPITAL MARKETS

Barra gold by August

BARRA Resources expects to be a new Western Australian gold producer by August after being backed by Patersons Securities in fund raisings worth $7 million.

Michael Quinn
Barra gold by August

Convertible notes worth $3 million have been placed (with a conversion price of 25c), while Patersons is underwriting $4 million worth of options exercisable at 20c before August 31. A new resource is...

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