Brief: Mincor Resources Announces A$60 Mln Capital Raise To Accelerate Development And Exploration

Mincor Resources NL

09/12/2022 01:12

Dec 9 (Reuters) - Mincor Resources NL  MCR.AX :
    * A$60 MLN CAPITAL RAISE TO ACCELERATE DEVELOPMENT AND
EXPLORATION
    * NON-UNDERWRITTEN SHARE PURCHASE PLAN TARGETING TO RAISE
A$5
MILLION
    * UNDERTAKING A FULLY UNDERWRITTEN PLACEMENT OF A$55M AT
A$1.39/SHARE
    * PROCEEDS FROM CAPITAL RAISE WILL BE USED TO ACCELERATE
ACCESS
DEVELOPMENT INTO GOLDEN MILE ORE RESERVE, AMONG OTHERS

Source text for Eikon:  ID:nASX6Ry444 
Further company coverage:  MCR.AX 
 ((Reuters.Briefs@thomsonreuters.com;))