Newfield Resources has locked in just shy of $25m from 71m shares issued as part of a rights issue at 35c to advance its Tongo diamond project in Sierra Leone. The company’s share price traded as high as 47c during intraday trading today and it will look to place the shortfall at the original price of 35c with a view to banking another $25m.
09/11/2021 - 15:37
Newfield punters in the money after $25m cap raise
By Matt Birney
09/11/2021 - 15:37
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Newfield ResourcesClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 185th Newfield Resources $527k 206th Energy Transition Minerals $372k 207th Cazaly Resources $364k 209th Po Valley Energy $345k 211th Killi Resources $339k 604 listed resources wa companies ranked by revenue.
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Payday for Newfield with inaugural diamond sale
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