Capital Watch: Auzex, Paramount and Tasman

AUZEX Resources is seeking to boost its bank balance to the tune of $A8 million to fund the development of its Bullabulling gold project in Western Australia.

Capital Watch: Auzex, Paramount and Tasman Capital Watch: Auzex, Paramount and Tasman Capital Watch: Auzex, Paramount and Tasman Capital Watch: Auzex, Paramount and Tasman Capital Watch: Auzex, Paramount and Tasman

The company has already raised $3.4 million via a placement to institutional and sophisticated investors and is seeking to raise a further $4.6 million via a one-for-five renounceable rights issue.

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