Phoenix rises

PHOENIX Gold is seeking to become the next gold play to make a name for itself within the renowned Goldfields region in Western Australia after recently closing its initial public offer early on strong investor demand.

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The Kalgoorlie-based explorer will raise $A6-8 million at 20c a share with four free attaching options exercisable in 2012, and four free attaching options exercisable in 2014, for every five shares

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