CAPITAL MARKETS

Sandfire to put more money into US subsidiary

SANDFIRE Resources will invest C$25.6 million in its 85%-owned, Toronto-listed subsidiary Sandfire Resources America (SRA).

Sandfire to put more money into US subsidiary

SRA launched a rights issue to raise up to C$30 million at 15c per share. Sandfire has agreed to subscribe for its pro rata share to maintain its stake. If no other shareholders participate in the...

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