Discovery to raise $142M for Boseto development

DISCOVERY Metals is looking to raise $A142 million from an institutional placement and rights issue to develop its Boseto copper project in Botswana.

Discovery to raise $142M for Boseto development Discovery to raise $142M for Boseto development Discovery to raise $142M for Boseto development Discovery to raise $142M for Boseto development Discovery to raise $142M for Boseto development

The fully underwritten institutional placement and one-for-four rights issue will involve the issue of about 132 million ordinary shares, or 30% of its issued capital.

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