CAPITAL MARKETS

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.

Coburn HMC being shipped

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 18.2% discount to the...

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