Avenira raises cash for Baobab

April 4, 2017

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Phosphate producer Avenira was hoping to raise A$2.5-million through a share purchase plan to strengthen its balance sheet as it continues the ramp-up of its Baobab project, in Senegal.

The company will offer shareholders the opportunity to purchase up to A$15 000 worth of new shares, at a price of 8.4c a share.

Category: General