Junior announces $100M raising

AUSTSINO Resources Group has entered into a binding subscription agreement with a company controlled by its chairman for a A$100 million placement.

Junior announces $100M raising Junior announces $100M raising Junior announces $100M raising Junior announces $100M raising Junior announces $100M raising

Midwest Resource Finance Group, whose sole director and shareholder is AustSino executive chairman Chun Ming Ding, has agreed to subscribe for 7.7 billion shares in AustSino at 1.3c each.

  • Top News: Vale Terry Grammer. Read more.
  • Top News: SolGold's relationship with BHP, Newcrest not 'soured'. Read more.
  • Top News: Nickel Mines becomes 'new force in global nickel'. Read more.