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06
Nov
2017
Black Rock raises funds for DFS in TanzaniaBy:Creamer Media Senior Deputy Editor: Australasia CAPITAL RAISE Graphite developer Black Rock Mining will raise A$4.75-million to fund the completion of a definitive feasibility study on the Mahenge graphite project, in Tanzania.
The company raised an initial A$4.2-million through the placement of 70-million new fully paid ordinary shares, at 6c each to institutional and sophisticated investors.
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