Australia's De Grey Mining launches $395 mln equity raising

De Grey Mining

08/05/2024 24:28

May 8 (Reuters) - Australian gold miner De Grey Mining
 DEG.AX  said on Wednesday it has launched an A$600 million
($395.34 million) equity raising to finance the equity part of
the funding for its Hemi gold project in Western Australia. 

($1 = 1.5177 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru; Editing by Shailesh
Kuber)
 ((Poonam.Behura@thomsonreuters.com;))