21/05/2018 - 15:23

Paringa raises $30m

21/05/2018 - 15:23

Bookmark

Upgrade your subscription to use this feature.

Shares in the Ian Middlemas-led Paringa Resources fell sharply today after the company completed a $30.2 million capital raising at a heavily discounted price of 22 cents per share, with the proceeds to fund construction of its Poplar Grove coal mine located in the US.

Subscribe today for award-winning, unbiased and trusted journalism

Subscription Options