CAPITAL MARKETS

Roberts backs Galena

SUCCESSFUL lead junior Galena Mining has attracted a A$10 million cash injection from Tim Roberts’ Singapore-based entity Kingfisher Capital, with Galena’s cash holdings to be further boosted by staged payments also totalling $10 million due to begin within weeks from new Abra project partner Toho Zinc.

The core farm at Abra

The core farm at Abra

Kingfisher's $10 million investment sees it buying new shares priced at 40c each in two $5 million tranches, with the firm in the news a few months back when Roberts invested $21 million in miner and contractor...

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