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Australian Potash raises A$5m for Lake Wells

Creamer Media Senior Deputy Editor: Australasia
Potash developer Australian Potash will raise A$5-million to advance work on its Lake Wells sulphate of potash (SOP) project, in Western Australia. The company on Monday said that a bookbuild had been completed for the placement of some30-million shares, at 10c each, to sophisticated and professional investors, to raise an initial A$3-million.

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