Beadell completes another fundraising

BRAZIL gold miner Beadell Resources has completed a A$11.8 million raising undertaken to repay debt and ensure completion of the long awaited plant upgrade at its Tucano operation.

Beadell completes another fundraising Beadell completes another fundraising Beadell completes another fundraising Beadell completes another fundraising Beadell completes another fundraising

Moving from oxide-only ore is the key development long awaited at Tucano.

The new shares were priced at 5.4c each, with undisclosed "international institutional and sophisticated investors" coming up with the readies.

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