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VDM secures cash for copper

SHARES in contractor VDM Group have soared on an agreement to raise $A18 million to fund the acqu...

Kristie Batten

VDM has signed a conditional agreement with an unnamed sophisticated investor to place 1.2 billion shares at 1.5c per share to raise $18 million. The issue price is a whopping 275% premium to VDM’s last...

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