CAPITAL MARKETS

Danakali raises equity

POTASH contender Danakali has raised funds to ensure continued progress at its major Colluli project in Eritrea, with the mining approval process underway, and funding and offtake agreements being sought.

Michael Quinn
Danakali raises equity

The $A5.5 million raised priced shares at 22c, and included options exerciseable at 35c with a two-year expiry date. Hartleys was the broker involved. Dankali’s shares started the year fetching about...

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