ASX-listed De Grey Mining has completed the bookbuild for it’s A$300-million fully underwritten share placement. The company last week announced the two-tranche placement to fund major work at its Hemi gold project, in Western Australia, as well as providing exploration capital and funds for general working purposes.
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At the time of your subscription, Creamer Media’s subscriptions department will be in contact with you to ensure that you receive a copy of your preferred Research Report.PERTH – ASX-listed De Grey Mining has completed the bookbuild for it’s A$300-million fully underwritten share placement. De Grey on Monday announced that it had received firm commitments for the placement of some 285.7-million shares, at a price of A$1.05 each, with the placement price representing a 5.8% discount to the company’s last closing price, and a 12% discount to its five-day volume weighted average share price.
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