Millennium cashes up for growth

MILLENNIUM Minerals will raise A$15 million in a fully underwritten rights issue to fund growth aspirations at the Nullagine gold operation in the Pilbara.

Millennium cashes up for growth Millennium cashes up for growth Millennium cashes up for growth Millennium cashes up for growth Millennium cashes up for growth

The company is undertaking a one-for-8.8 renounceable rights issue at 16.5c per share, a 17.5% discount to its last closing price.

The issue is fully underwritten by Bell Potter Securities, with 47.