PROJECT FINANCE

Antipa raises for Paterson pursuit

ANTIPA Resources is raising up to A$7.5 million to ramp up exploration of its flagship Paterson Province projects in the shadow of Western Australia’s giant Telfer mine, and major shareholders including Sprott Global Investment have jumped in to support an oversubscribed placement.

 Antipa is seeking $7.5 million.

Antipa is seeking $7.5 million.

The junior this morning said new and existing institutional and sophisticated investors had pumped in $3.3 million, while a partially underwritten 1:4 entitlements aims to raise a further $4.3 million....

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