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Prodigy to raise cash for Tanami exploration

Creamer Media Senior Deputy Editor: Australasia
ASX-listed Prodigy Gold was hoping to raise up to A$8.8-million through a one-for-four non-renounceable pro rata rights issue. The rights issue will be priced at a 4% discount to the ten-day volume weighted average price of Prodigy Gold shares on Thursday, and all new shares will be ranked with existing shares from the date of issue.

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