CAPITAL MARKETS

St George seeking funds to advance Mt Alexander

ST GEORGE Mining’s equity fundraisings are set to go past the A$40 million mark with the latest move into the market seeing $5.2 million being sought for exploration of its flagship Mt Alexander nickel sulphide project in Western Australia.

Drill core from the Radar prospect at Mt Alexander in Western Australia

Drill core from the Radar prospect at Mt Alexander in Western Australia

St George is seeking to place $3.6 million from issuing new shares priced at 8c each, with another $1.6 million targeted from a non-underwritten share purchase plan. Capital market firms Argonaut, Bell...

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