Perilya to raise up to $110M

PERILYA is seeking to raise as much as $A110.5 million to boost its balance sheet in the wake of its $184 million takeover of Canada’s GlobeStar Mining in January and to continue development of the Potosi mine in Broken Hill.

Perilya to raise up to $110M Perilya to raise up to $110M Perilya to raise up to $110M Perilya to raise up to $110M Perilya to raise up to $110M

The raising will take place via an accelerated non-renounceable 1-for-2 rights issue and will involve the issue of up to around 263 million shares to raise a minimum $100 million and up to $110.

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