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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.

Michael Quinn
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. Aeris' shares have recently been trading at 32c, having risen...

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