PMI to raise $35m for Obotan

Print

PMI Gold Corporation has entered a share purchase agreement with a syndicate of underwriters to raise $C35 million ($A32.8 million) to complete feasibility studies for its Obotan gold project in Ghana.

PMI announced today it had reached agreement with a syndicate co-led by Clarus Securities, RBC Capital Markets and GMP Securities, where the underwriters agreed to buy 28 million shares at $C1.25 ($A1.17) per share.

Login

For seamless access select the "Remember me" option

The password field is case sensitive.
Request new password

I'd like to register please

8 free articles per month + business email alerts twice daily

Tags:

Comments:

Corporate Finance

Corporate Finance

ECM driven by Business News' corporate finance database includes private equity relationships

Mergers and Aquisitions

Mergers & Acquisitions

Who are the leading hands in the West Australian M&A marketplace

Corporate Finance

LabelValue
Ernst & Young65
PwC36
Azure Capital30
KPMG28
Deloitte23
Others227
FMG
CF 2011
CF Q3 FY12
Elizabeth Quay
IBM Tech Staff
Subiaco Revenue

Feedback Form