Wednesday 25 February 2015

Otmane El Rhazi : Centaurus raises cash for DSO projects

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Metals developer Centaurus Metals has raised A$1.1-million through a share placement to professional and sophisticated investors, with the miner also announcing plans to raise a further A$3.5-million through a non-renounceable rights issue. Centaurus placed some 44-million shares, priced at 2.5c each, and a further 14.67-million options to raise the initial funding.

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