PRECIOUS METALS

Kin Mining seeks $10M more

Kin Mining (ASX: KIN) is going back to the market again to raise a further A$10.4 million, less than five months after it raised $11 million as the tarnished company looks to put more cash into its much-delayed Leonora gold project and get a debt monkey off its back.

Haydn Black
 The incomplete Cardinia plant in Western Australia waits for Kin to get back on track

The incomplete Cardinia plant in Western Australia waits for Kin to get back on track

Shares in the gold hopeful were again down almost 7% this morning to 8.4c, a new 52-week low as it revealed it would undertake a pro-rata two-for-five non-renounceable entitlement offer at just 8c per...

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