Xanadu raises A$12.2m

June 19, 2016

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Mongolia-focused Xanadu Mines has raised A$12.2-million for its Kharmagtai copper/gold project and the new gold discovery at the Oyut Ulaan project, the company reported on Monday.
Xanadu raised the funds by placing shares at 20c apiece, with the placement having received strong support from existing institutional and sophisticated investors.

Category: General