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Pioneer raises cash for exploration

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
ASX-listed Pioneer Resources has raised A$5.6-million through a share placement to sophisticated investors and a share purchase plan. The company on Friday said that it had raised an initial A$4.3-million through the SPP issuing about 312.3-million shares at a price of 1.4c each.
 
 
 
 
 

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