Copper miner SandfireResLtd is hoping to raise A$200million to repay debt and fund working capital in Botswana and Spain mining CriticalMinerals investment finance funding
PERTH – Copper miner Sandfire Resources on Friday launched a A$200-million fully underwritten entitlement offer to repay debt and fund working capital at its Motheo operations, in Botswana.
The entitlement offer will be broken up into an institutional entitlement offer, which is expected to raise A$150-million, and a retail entitlement offer, expected to raise a further A$50-million.
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