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De Grey tops up treasury

DE Grey Mining has secured pledges to support a further A$5 million placement as it ramps up its conventional Pilbara gold exploration plans, with DGO Gold expecting to maintain its 11% equity level by chipping in $500,000.

Haydn Black
De Grey has raised more cash.

De Grey has raised more cash.

The raising is priced at 4.5c.   Executive chairman Simon Lill lamented the company was unable to issue the shares at a level higher than its mid-year $22 million capital raising at 5c to fund completion...

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