CAPITAL MARKETS

Decent raisings by Suvo and Metals Australia

METALS Australia and Suvo Strategic Minerals have separately undertaken circa A$7 million fund raising for their respective graphite/lithium and kaolin/silica sand plays.

 Suvo's Pittong plant, Victoria

Suvo's Pittong plant, Victoria

Suvo said it had commitments for $7.5 million worth of new shares priced at 8.5c each, with the funds earmarked for accelerating the expanding a plant processing "kaolinized granite" at its Piittong operations...

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