Western Desert boosts coffers

IRON ore hopeful Western Desert Resources has raised $A12 million via an oversubscribed placement to Australian sophisticated and institutional investors.

Western Desert boosts coffers Western Desert boosts coffers Western Desert boosts coffers Western Desert boosts coffers Western Desert boosts coffers

The company placed 37.5 million shares at 32c per share, a discount of 11% to the last closing price of 36c.

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