Mining News

New Century raises A$46.9m in entitlement offer

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Base metals miner New Century Resources has completed its A$46.9-million entitlement offer, which formed part of a larger capital raise announced at the end of October.

The company in October launched a multi-faceted transformational growth transaction to accelerate its growth trajectory, which included a strategic investment by Sibanye Stillwater, which formed the basis of a three-tranche equity raise.

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