CAPITAL MARKETS

Eastern Goldfields finds a white knight

MINING private equity firm Hawke’s Point Holdings has agreed to make a cornerstone investment in struggling gold producer Eastern Goldfields.

Kristie Batten
Eastern Goldfields finds a white knight

Hawke’s Point has agreed to subscribe for 87.5 million shares in Eastern Goldfields at A20c per share for a total investment of $17.5 million. The issue price is a 14.9% discount to the last closing...

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