CAPITAL MARKETS

Eshuys backing De Grey's $6 million raising

WELL-known ASX resource sector executive Ed Eshuys is effectively putting in A$400,000 of his own money into Pilbara gold story De Grey Mining as part of a broader $5 million investment being made by Eshuys' listed junior DGO Gold.

Eshuys backing De Grey's $6 million raising

DGO is will hold 7% of De Grey after the investment (and 10% on a fully diluted basis if associated options are exercised), with DGO funding the investment by undertaking a pro-rata rights issue that Eshuys...

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