LYC 0.00% $6.40 lynas rare earths limited

$40 million spp and placement?

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    $40 million CR

    http://www.afr.com/p/opinion/patersons_seeks_commitments_for_PVAFOdi6Mp8Y8iNDiu7WoJ

    Extract from AFR on 1 May 2014

    Patersons seeks commitments for $30m Lynas SPP

    Lynas Corporation has shown some fancy footwork in trying to shore up its balance sheet, opting for a $30 million share purchase plan and a $10 million placement
 
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