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
|
|||||
Last
82.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $905.7M |
Open | High | Low | Value | Volume |
82.0¢ | 82.5¢ | 80.0¢ | $2.584M | 3.176M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 62321 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.5¢ | 145499 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 62321 | 0.810 |
2 | 99452 | 0.805 |
12 | 297202 | 0.800 |
4 | 86116 | 0.795 |
5 | 58000 | 0.790 |
Price($) | Vol. | No. |
---|---|---|
0.825 | 45499 | 1 |
0.830 | 46898 | 2 |
0.835 | 195000 | 2 |
0.840 | 62669 | 2 |
0.845 | 60000 | 2 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online