PROJECT FINANCE

Kin finds underwriters

THE ‘Save Kin’ alliance, which is seeking to oust the board of Kin Mining and re-install ex-technical director David Sproule, might have serious concerns about the junior’s management, but it seems the incumbent directors have some fans, and they are willing to underwrite A$8 million of a $10.4 million capital raising.

Kin is spending more on drilling.

Kin is spending more on drilling.

      Kin has received binding commitments from unidentified shareholders that collectively hold 26% of the current shares in the company, that they are planning to subscribe for their full entitlements...

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