Energia raises A$3m for Gorno work

June 26, 2017

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Junior Energia Minerals was hoping to raise A$3.12-million through a non-renounceable rights issue to fund work at its Gorno zinc project, in Italy.

The company on Monday said that the two-for-five rights issue will be priced at 1c a share, which represented a discount of 37.5% to the company’s closing price on June 23, and a 35.1% discount to the ten-day volume weighted average price.

Category: General