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Highlands raises equity

HIGHLANDS Pacific has finally confirmed a major equity raising, with the $16.5 million of funds accessed from the market to go towards accelerating an exploration program at the Kainantu gold project in Papua New Guinea.

MiningNews.Net
Highlands raises equity

Highlands issued 39.3 million shares (equating to 9% of its issued capital) to domestic and international institutional investors at a share price of 42c each. The placement was managed by ABN AMRO Morgans....

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