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Red 5 equity raising oversubscribed

Australian gold producer Red 5 has raised A$125 million in an oversubscribed placement.

Red 5 equity raising oversubscribed Red 5 equity raising oversubscribed Red 5 equity raising oversubscribed Red 5 equity raising oversubscribed Red 5 equity raising oversubscribed

Red 5 operates in Western Australia's Eastern Goldfields

New and existing domestic and offshore institutional investors participated in the two-tranche placement of 694 million shares, which was conducted at 18c per share, a 23.