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Breakaway gathers cash

JUNIOR explorer Breakaway Resources has raised $1.707 million through a placement of 44.943 million shares at 3.8c to primarily fund exploration at its Kambalda West nickel and gold project 20km southwest of Kambalda in Western Australia.

Brad Ricks
Breakaway gathers cash

Breakaway released a prospectus for the raising last month, originally looking to raise up to $2 million if the offer was fully subscribed. At the Kambalda West project the company plans to spend between...

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