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Peak hopes for A$5.5m to advance Ngualla

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL RAISE
Rare earths developer Peak Resources was hoping to raise as much as A$5.5-million in a share placement and entitlement issue aimed at progressing work at its Ngualla project, in Tanzania. The company on Tuesday announced that it will raise some A$2.8-million through a share placement to investors, priced at 4c a share.
 
 
 
 
 

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