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Myanmar raises A$7m for Bawdwin

Creamer Media Senior Deputy Editor: Australasia
Base metals explorer Myanmar Metals will raise A$7-million through a share placement to help fund work at its Bawdwin zinc/lead/silver/copper project, in Myanmar. The company on Wednesday announced that it had received binding commitments for 100-million new fully paid shares, at a price of 7c each from investors in both Australia and Asia.

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