Strandline launches $35M raising as Coburn ramps up

STRANDLINE Resources is seeking to raise up to A$35 million to continue its growth in the mineral sands sector.

Strandline launches $35M raising as Coburn ramps up Strandline launches $35M raising as Coburn ramps up Strandline launches $35M raising as Coburn ramps up Strandline launches $35M raising as Coburn ramps up Strandline launches $35M raising as Coburn ramps up

Coburn HMC being shipped

The company has launched a $30 million institutional placement and will seek to raise an additional $5 million via a share purchase plan.

Shares are being issued at 18c each, an 18.