PROJECT FINANCE

Hastings raises again

PERTH-based rare earths hopeful Hastings Technology Metals has completed a second big placement this year, this time to raise A$12 million as it progresses its Yangibana project, with chairman and major shareholder Charles Lew set to put in a further $455,000.

Hastings raises again

Canaccord Genuity helped organise the 14.3c placement, which was said to be well-supported by long-term shareholders.   It comes as the company expects to complete its application for credit approval...

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