Blackstone cashing up as Vietnam ventures take serious shape

WITH its shares having gained more than 200% over the past few months, nickel and battery-leveraged aspirant Blackstone Minerals is in the market for nearly A$21 million in cash for its Vietnam-located ventures, with Sydney-based 708 Capital engaged to find $17.8 million and a further $3 million targeted from a share purchase plan.

Blackstone cashing up as Vietnam ventures take serious shape Blackstone cashing up as Vietnam ventures take serious shape Blackstone cashing up as Vietnam ventures take serious shape Blackstone cashing up as Vietnam ventures take serious shape Blackstone cashing up as Vietnam ventures take serious shape

Infrastructure at Ta Khoa featuring the Ban Phuc operation that was in action last decade

The pricing of the new equity has been put at 42c per share, with the stock having traded at levels around 47c prior to going into a trading halt in relation to the raising.