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RTG Mining raises $15m in oversubscribed placement

TSX- and ASX-listed RTG Mining has received commitments to raise $15-million in a private placement, which the company said on Friday was “heavily” oversubscribed.
RTG noted that the strong demand for the placement reflected the quality of the high-grade, near-term copper/gold production opportunity at the Mabilo project and the exploration potential at the Mabilo and Bunawan projects.