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Stanmore raises A$15m in share placement

By:  
Creamer Media Senior Deputy Editor: Australasia
 
COAL
ASX-listed Stanmore Coal has raised A$15-million through a share placement, that will fund an accelerated pre-stripping programme and build inventory stockpiles at its Queensland assets. The company placed 27.3-million shares, priced at 55c each, to raise the funds.
 
 
 
 
 

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