This article is 5 years old. Images might not display.
The zinc producer said it had decided not to take up any of the oversubscriptions.
The take-up rate of entitlements was about 85%.
The entitlement offer and a US$15 million placement in late October were priced at A15.5c per share.
A rising zinc price and falling treatment charges have help boost interest in New Century's stock in recent times.
The fundraisings were undertaken to reduce debt of US$48.4 million at the end of October.
The original debt for New Century's development of a zinc tailings reprocessing operation at the Century operation in Queensland was $71 million.
Shares in New Century were at A22c in morning trade, capitalising the company at $265 million.
