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22 Aug
13:42

Azure Minerals receives commitments for AUD 120m fundraise

Australian miner Azure Minerals said Tuesday it has received “firm” commitments to raise AUD 120 million ($76m) in a two-tranche placement, Kallanish learns.   Early this week, the junior miner announced plans to raise AUD 130m to fund exploration work at its Andover project in Western Australia. On Tuesday, the firm reported it has raised around AUD 100m in Tranche 1 of the placement, with Tranche 2 anticipated to raise another $20m, subject…
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