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European Metals raises A$3m from largest shareholder

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CAPITAL RAISE
Metals developer European Metals has raised A$3-million from its largest shareholder through a combination of a share placement and the exercise of options. The ASX-listed company said on Monday that it would place some five-million chess depository interests, at an issue price of 52c each, to shareholder Rare Earth Minerals to raise an initial A$2.6-million.
 
 
 
 
 

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