Kin seeks $10M more

KIN Mining is going back to the market again to raise a further A$10.4 million, less than five months after it raised $11 million as the tarnished company looks to put more cash into its much-delayed Leonora gold project and get a debt monkey off its back.

Kin seeks $10M more Kin seeks $10M more Kin seeks $10M more Kin seeks $10M more Kin seeks $10M more

The incomplete Cardinia plant waits for Kin to get back on track.

Shares in the gold hopeful were again down almost 7% this morning to 8.4c, a new 52-week low as it revelled it will undertake a pro-rata two-for-five non-renounceable entitlement offer at just...