RNC raising for ramp-up

CANADA’S RNC Minerals is raising C$18 million to advance the ramp-up of the Beta Hunt mine in Kambalda and integration of the newly acquired Higginsville operation.

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RNC's Higginsville plant near Norseman in WA

A syndicate of underwriters has agreed to acquire 45 million shares at 40c each.

Haywood Securities is acting as lead underwriter and bookrunner.