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Geopacific raises $15m for PNG project

ASX-listed project developer Geopacific has raised $15-million, which it will use to advance its Woodlark gold project, in Papua New Guinea, towards gold production.
Announcing the completion of the “well oversubscribed” placement on Thursday, the company reported that a number of new, high-calibre investors have joined its share register.

“We believe that we have the right strategy to transition from