View Resources to raise $30m in placements, retail offer

Perth-based metals explorer View Resources Ltd has announced plans to raise $30 million through placements and a retail offer, funding further development of its Bronzewing gold and Carnilya Hill nickel projects. The company will raise $26 million by issuing 65 million shares at 40 cents in two tranches, followed by the offer of an additional 10 million shares at 40 cents to raise a further $4 million to existing shareholders.

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