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Coventry raise cut, junior unfazed

Coventry Resources has failed in its bid to raise A$10 million from investors but still expects to complete the acquisition of Vista Resources and be drilling in Alaska early next month.

Michael Quinn
Caribou Dome in Alaska

Caribou Dome in Alaska

Despite being reduced to $5.7 million, Coventry claimed “interest in the raising was strong at an institutional level and the company has received expressions of interest in additional demand following...

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