Nimble Aeris puts itself in strong copper position

HAVING doubled in share price over the past couple of months, copper miner Aeris Resources is tapping the market and raising A$35 million to repay debt and explore its ground holdings including the much vaunted, 70%-held Lake Torrens project.

Nimble Aeris puts itself in strong copper position Nimble Aeris puts itself in strong copper position Nimble Aeris puts itself in strong copper position Nimble Aeris puts itself in strong copper position Nimble Aeris puts itself in strong copper position

The $26.7 million underwritten non-renounceable rights issue and $8.4 million institutional placement is pricing new shares at 20c each.