CAPITAL MARKETS

Syrah to raise $211M

SYRAH Resources has announced plans for a fully underwritten $A211 million capital raising to fund its Balama graphite project in Mozambique.

Andrew Duffy
Syrah to raise $211M

The raising will include a $3.25 a share placement to institutional investors for about $98 million, and will also involve a 4-for-19 renounceable entitlement offer at the same price to raise about $113...

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