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Finland explorer cashes up

S2 Resources will have A$14 million cash for its exploration in Australia and Finland following a $7.75 million placement to undisclosed new and existing investors.

Michael Quinn
S2 has been exploring in Scandinavia for a number of years

S2 has been exploring in Scandinavia for a number of years

Institutions and sophisticated investors will pay 12.5c per share. The fundraising comes after S2 kicked-off a 10-12 hole diamond core drilling campaign in Finland earlier this month. The drilling...

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