CAPITAL MARKETS

Strong institutional backing of Renascor's graphite plans

RENASCOR Resources' rejuvenation from ignored graphite battler to strongly backed battery anode production aspirant has taken another big step forward with an underwritten A$70 million institutional placement.

Siviour, South Australia

Siviour, South Australia

The funding coming from undisclosed investors and is being priced at 27.5c per share. Renascor's shares were trading at levels around 1-2c around two years ago. Barrenjoey, Canaccord Genuity and...

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