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New Century cashes up for zinc development

BOOM zinc company New Century Resources is raising a cool A$53 million in new equity for its restart of the Century zinc operation, with the strongly-backed developer having already unveiled a US$45 million debt facility late last month.

Michael Quinn
New Century cashes up for zinc development

The equity raising is being priced at A$1.20, with the extremely well-performing stock trading at $1.34 prior going into a trading halt in relation to the equity raising.  The raising more than backs...

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