..as I has highlighted earlier in the week, we will get to see more of this, CR at 25% discount.
..it makes non-cashflow generating juniors at real risk of dilution and share price decimation.
Listed explorer Stavely Minerals in share placement
Anthony Macdonald, Sarah Thompson and Kanika Sood
Jul 1, 2022 – 3.24pm
Copper and gold explorer Stavely Minerals was fronting investors for a $3 million placement on Friday to fund exploration and working capital needs.
The offer was priced at 15¢ a share, a 25 per cent discount to the last close and 31.5 per cent discount to the 10-day volume weighted average price.
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