CAPITAL RAISE
Junior metals explorer Ardea Resources has raised A$5.5-million in a share placement to sophisticated and professional investors, to accelerate drill programmes at its KNP cobalt project, in Western Australia.
Some 7.6-million new fully paid ordinary shares would be issued under the company’s existing capacity, with the shares placed at a price of 72.5c each.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access