ASIA STORIES

Georgian feels investor love

Georgian Mining (LN:GEO) has capitalised on recent drilling success at its 50% owned Kvemo Bolnisi copper-gold project on the Tethyan Belt by raising US$7 million to bolster its growing resource base.

Blue-sky potential: Georgian is hoping to define more than 50Mt of resources in Georgia

Blue-sky potential: Georgian is hoping to define more than 50Mt of resources in Georgia

In a “significantly oversubscribed” equity placement, the company has issued just over 34 million shares to new and existing investors at £0.16 (US$0.21) apiece. Georgian is building up a significant...

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