09/07/2012 - 15:34

Navigator tumbles on $16m rights issue

09/07/2012 - 15:34

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Navigator Resources shares have tanked after the struggling gold miner unveiled a highly-dilutive $16 million rights issue to stave off collapse. Terms of the issue are 7.2 shares for each Navigator share held, priced at 0.1 cents per share.

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