From SMH website
"Minemakers raise $11m for NT project
March 10, 2008 - 6:28PM
Junior mineral explorer Minemakers Ltd has raised $11.55 million through a placement of 7.7 million shares to institutional and other investors at $1.50 a share.
The funds will be used for various purposes including pre-feasibility and feasibility studies for its Wonarah rock phosphate project in the Northern Territory.
The company will also use the funds for its Moina fluorite-magnetite-zinc project and tin-tungsten project in Tasmania, and working capital.
Minemakers' shares closed 1.5 cents higher at $1.70 on Monday."
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