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Gindalbie raises $35M

GINDALBIE Metals has wrapped up the institutional component of its $A209 million capital raising to help bankroll its stake in the $2.4 billion Karara magnetite development in Western Australia’s Mid West.

MiningNews.Net
Gindalbie raises $35M

The institutional entitlement offer raised around $35 million at 67c per share and received strong support from existing institutional shareholders, with an 82% take-up by eligible institutions. The...

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