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.

New Century cashes up for zinc development New Century cashes up for zinc development New Century cashes up for zinc development New Century cashes up for zinc development 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...