The raising, which prices new shares at 16c each, will reduce net debt from US$156 million to $65 million.
Resolute shares last traded at about 20.5c.
date:20/02/2023
location:Sydney Masonic Centre, Australia
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Dual-listed gold producer Resolute Mining says an underwritten A$140 million equity raising is the “final step” in its “transition to (becoming) a sustainable gold producer with a de-risked balance sheet”.
The raising, which prices new shares at 16c each, will reduce net debt from US$156 million to $65 million.
Resolute shares last traded at about 20.5c.
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