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AUZ going back to shareholders

FOUR months on from its last A$5 million capital raising, Australian Mines is going back to the markets for a further $5-10 million to advance the company’s flagship Sconi cobalt-nickel-scandium project in North Queensland.

Haydn Black
AUZ is raising for for Sconi.

AUZ is raising for for Sconi.

Patersons Securities, which is likely to become part of Canada's Canaccord Genuity, will underwrite a share placement plan for $5 million, and AUZ will accept oversubscriptions of an additional $5 million....

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