Capital Watch: Cardinal, RNI and more

IN Capital Watch: Cardinal and RNI raise $A5 million each; Encounter placement; Horseshoe targets $1.45 million; and MOD rights issue.

Capital Watch: Cardinal, RNI and more Capital Watch: Cardinal, RNI and more Capital Watch: Cardinal, RNI and more Capital Watch: Cardinal, RNI and more Capital Watch: Cardinal, RNI and more

Cardinal Resources has made a 10c placement, including one 15c option, to sophisticated and professional investors to raise up to $4.1 million.