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Syndicated raises $2.8m for Qld assets

Syndicated Metals has completed a $2.85 million capital raising to fund exploration and evaluation of its copper-gold project portfolio near Mt Isa in northern Queensland.

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The discounts given to directors by directors at the expense of small holders needs to be addressed. Mr Munckton is pleased to feed his cash cow but this is not a good deal for the company. Who benefits when the bar is set so low?

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