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Venturex looks for project cash

Venturex Resources has announced plans to carry out a two-for-15 non-renounceable rights issue as it looks to raise funds for its two base metal projects in the Pilbara, Western Australia.

Venturex looks for project cash Venturex looks for project cash Venturex looks for project cash Venturex looks for project cash Venturex looks for project cash

Venturex has recently carried out an optimisation study on its Panorama project in Western Australia

The shares, to be placed at A0.5 cents per share, a 16% discount to the previous day’s closing price, would raise A$1.03 million (US$742,741) before costs.