Firefinch recapitalising with fire sale of shares

THE latest chapter of the Firefinch debacle is a veritable fire-sale of shares that involves the embattled owner of the Morila gold operation in Mali selling 1.5 billion shares priced at 6c each to raise A$90 million.

Firefinch recapitalising with fire sale of shares Firefinch recapitalising with fire sale of shares Firefinch recapitalising with fire sale of shares Firefinch recapitalising with fire sale of shares Firefinch recapitalising with fire sale of shares

The counterparties weren't disclosed beyond the standard "sophisticated and professional investors" line.

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