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Laneway raises funds for gold hunt

Creamer Media Senior Deputy Editor: Australasia
Junior Laneway Resources on Tuesday announced a fully underwritten entitlement offer aimed at raising A$7.9-million, as part of a larger A$11-million capital raise to fund exploration work and mining activities at its Agate Creek gold project, in Queensland. The company previously raised A$3.1-million through a share placement, which had also been priced at 5c a share.

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