CAPITAL RAISE
Gold developer Gascoyne Resources was hoping to raise up to A$15-million through the issue of around 50-million shares to fund the final stages of development at its Dalgaranga gold project, in Western Australia.
The shares will be priced at 30c each, representing a 16.7% discount to the company’s last closing price on August 15, and a 23.3% discount to its five-day volume weighted average price.
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