CAPITAL MARKETS

Dacian launches cut-price survival raising

DACIAN Gold is seeking to raise A$98 million in a heavily discounted placement and entitlement offer.

New Dacian MD Leigh Junk will lead the miner's planned turnaround

New Dacian MD Leigh Junk will lead the miner's planned turnaround

The 30c issue price for the offers represent a 79% discount to Dacian's last closing price of $1.40 on January 31. The raising comprises a $30 million institutional placement and a one-for-one accelerated...

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