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Avenira raises cash for Baobab

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL RAISE
Phosphate producer Avenira is hoping to raise A$2.5-million through a share purchase plan to strengthen its balance sheet as it continues the ramp-up of its Baobab project, in Senegal. The company will offer shareholders the opportunity to buy up to A$15 000 worth of new shares, at a price of 8.4c a share.
 
 
 
 
 

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