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St George raises funds for nickel exploration

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL RAISE
Nickel explorer St George Mining has raised A$4-million through a share placement to institutional and sophisticated investors to fund exploration and drilling programmes at the Mt Alexander nickel/copper sulphide project, in Western Australia. Some 22.2-million shares, priced at 18c each, will be placed under the company’s existing capacity.
 
 
 
 
 

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