CAPITAL MARKETS

St Barbara secures cash for Canada deal

St Barbara has taken a step towards completing the acquisition of TSX-listed Atlantic Gold by completing the first stage of a A$490 million (US$340 million) entitlement offer.

The Moose River operation in Nova Scotia, Canada

The Moose River operation in Nova Scotia, Canada

The company launched the one-for-3.1 pro-rata non-renounceable entitlement offer, fully underwritten by Deutsche Bank, on Wednesday to partially fund the C$722 million (US$536 million) cash offer for Atlantic....

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