Someone at The West either sticking the boot in or is behind the times?
….. or maybe they left out the word ‘once’?
cheers
https://thewest.com.au/business/min...never-and-pepper-drilling-campaign-c-14359124
Spartan Resources to fill its coffers with $80m for Never Never and Pepper drilling campaign
Adrian RausoThe West Australian
Thu, 18 April 2024 2:25PM
Comments
Adrian Rauso
Spartan Resources Managing Director Simon. LawsonPhoto:Trevor Collens /Spartan Resources. Credit: Trevor Collens
Spartan Resources — the owner of the perennially-floundering Dalgaranga gold mine north-west of Mt Magnet — has tapped investors for $80 million to beef up the deposit that turned the company’s fortunes around.
Spartan said on Thursday it had locked in a fully underwritten capital raise consisting of a $47m institutional share placement and a 1-for-17 rights issue to existing shareholders for another $33m.
The capital raising is at 58¢ per share — a 11.5 per cent discount to Spartan’s last closing price of 65.5¢. Its stock has risen over 360 per cent in the past year on the back of high-grade discoveries at the Never Never deposit combined with the tailwind of a record gold price.
- Forums
- ASX - By Stock
- SPR
- Ann: A$80m Fully Underwritten Equity Raising to Accelerate Explor
Ann: A$80m Fully Underwritten Equity Raising to Accelerate Explor, page-68
-
- There are more pages in this discussion • 113 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.33 |
Change
-0.020(1.49%) |
Mkt cap ! $1.474B |
Open | High | Low | Value | Volume |
$1.38 | $1.39 | $1.32 | $7.714M | 5.710M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9765 | $1.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 15024 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9765 | 1.325 |
1 | 673 | 1.320 |
4 | 108630 | 1.315 |
1 | 42337 | 1.310 |
7 | 68760 | 1.305 |
Price($) | Vol. | No. |
---|---|---|
1.330 | 15024 | 1 |
1.340 | 55646 | 4 |
1.345 | 31753 | 1 |
1.350 | 33315 | 2 |
1.355 | 31753 | 1 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |