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Rimfire considering Billis' unsolicited funding offer

AS the battle for low-profile explorer Rimfire Pacific Mining intensifies, the company’s board says it will consider mining investor Anton Billis’ A$4.2 million unsolicited funding offer but has many concerns.

Haydn Black
The battlelines are firming at Rimfire

The battlelines are firming at Rimfire

Billis' Lake Grace Exploration is offering to bankroll a $1.67 million placement at 0.8c and an entitlement offer for $2.55 million at 0.7c.   The placement would be at a 33.3% premium to the 0.2c...

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