Bradken bolsters war chest

MINING consumables supplier Bradken is seeking to boost its coffers by a cool $A162 million to fund capital spending initiatives and for potential acquisitions and growth opportunities.

Bradken bolsters war chest Bradken bolsters war chest Bradken bolsters war chest Bradken bolsters war chest Bradken bolsters war chest

The company will undertake a fully underwritten institutional placement of around 18.7 million new ordinary shares.

The issue price of the shares will be determined by a bookbuild across $8.05-8.

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