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Eastern Goldfields gets cash for Davyhurst

MIKE Fotios’ Eastern Goldfields is poised to return to the ASX this month after raising $A25 million in an oversubscribed raising required to recapitalise the company.

Kristie Batten
Eastern Goldfields gets cash for Davyhurst

The company received commitments from domestic and international institutional investors for 166.6 million shares at 15c per share in a placement managed by Hartleys. The funds will be used to recapitalise...

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