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Capricorn shakes the tin to fnd Karlawinda studies

ASX-listed junior Capricorn Metals has raised A$12.6-million through a share placement to advance its flagship Karlawinda gold project, in Western Australia.

The company, previously known as Malagasy Minerals, said on Friday that it had placed 97.2-million shares, at a price of 13 each to institutional and sophisticated investors.