West Perth-based mineral exploration company New World Alloys Ltd has set out terms of a proposed $2.9 million capital raising for working capital purposes.
West Perth-based mineral exploration company New World Alloys Ltd has set out terms of a proposed $2.9 million capital raising for working capital purposes.
The company will issue 293.7 million shares at one cent each through a non-renounceable rights issue, to be distributed on a one for one basis.
The issue is fully underwritten by Pacifique Asset Management Ltd, and is due to open on April 10, to close April 24.
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