CAPITAL MARKETS

Salt Lake gets slab of cash

POTASH contender Salt Lake Potash is set to raise an impressive A$17.6 million for a pilot plant and other work at its Goldfields Salt Lakes project in Western Australia.

Michael Quinn
Salt Lake gets slab of cash

The Ian Middlemas-backed and chaired company will raise the funds out of the UK and Australian markets, with the new shares to be priced at 43c. That represents a 10% discount to the stock’s recent trading...

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