Compass collecting Browns cash

COMPASS Resources has moved to shore up $A38.66 million in funding for its $A40 million Browns oxide development in the Northern Territory via a series of institutional placements, with final funding arrangements expected to be completed by the end of April when construction starts.

Compass collecting Browns cash Compass collecting Browns cash Compass collecting Browns cash Compass collecting Browns cash Compass collecting Browns cash

Two major US fund managers – Harbinger Capital Partners and Citadel Investment Group – have each agreed to take 11 million Compass shares priced at $1.85 per share.

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