Currently viewing Global edition

Sandfire to put more money into SRA

Sandfire Resources will invest C$25.6 million in its 85%-owned, Toronto-listed subsidiary Sandfire Resources America (SRA).

Sandfire to put more money into SRA Sandfire to put more money into SRA Sandfire to put more money into SRA Sandfire to put more money into SRA Sandfire to put more money into SRA

SRA launched a rights issue to raise up to C$30 million at 15c per share.

Sandfire has agreed to subscribe for its pro rata share to maintain its stake.