| Goldminers are rapidly making use of the funding window that has opened up thanks to the recent rise in the gold price. Indochine Mining is the latest, seeking $20 million at a hefty premium to its share price. It launched the raising late last week and by Wednesday had $15 million. It expects to raise the rest in the next few days.
The raising comes as Kingsgate Consolidated seeks $60 million at a discount of 30 per cent to its share price. Doray Minerals raised $17 million last month, Silver Lake $40 million, Perseus $30 million and Saracen $60 million...............................................Full Article: Source
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