TNG raises working cash ahead of big funding for Mt Peake

TNG is raising A$15 million as it works to progress the Mount Peake vanadium-titanium-iron project in Northern Territory, which requires more than $860 million to bring into production.

TNG raises working cash ahead of big funding for Mt Peake TNG raises working cash ahead of big funding for Mt Peake TNG raises working cash ahead of big funding for Mt Peake TNG raises working cash ahead of big funding for Mt Peake TNG raises working cash ahead of big funding for Mt Peake

TNG needs to find a lot of cash for Mount Peake

Two Germany-based institutions are putting in $10 million at 9.3c per share, and are underwriting the $5 million non-renounceable rights issue set to be undertaken.

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