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Metro completes A$38m bookbuid

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL RAISE
Bauxite developer Metro Mining has successfully raised A$38-million to advance its Bauxite Hills project, in Queensland, after successfully completing an institutional placement book build. The company on Wednesday said that the institutional placement, which had been priced at 13.5c a share, had been heavily oversubscribed, with strong support from existing and new institutional investors.
 
 
 
 
 

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