pir raising up to $54.5m- afr street talk

FYI: Just out, holders (for members or take a free trial):

http://www.afr.com/p/opinion/papillon_resources_raises_up_to_u74NfnETOwsTFQLNV1tGAN

Up to $54.5m being raised. Price will be determined by a bookbuild with a price range of $1.28 to $1.38 in 2c increments.

PI is fast-tracking the exploration, appraisal and development of Fekola.

RBC Capital is lead manager and sole book-runner.
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Looks like not too much of a discount here. Good luck, holders.