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Metalicity finds funds for Admiral Bay

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL RAISE
ASX-listed junior Metalicity will raise A$1.5-million through an equity placement to fund work at the Admiral Bay zinc project, as well as the Napier Range zinc project. Some 27.7-million fully paid ordinary shares will be placed at an issue price of 3.6c each, with a one-for-two attaching option that can be exercised at a price of 8c each.
 
 
 
 
 

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