Recap vs fire sale: fight brews at Altura Mining – The Australian Financial Review

Altura Mining has not thrown in the towel on its $150 million recapitalisation proposal just yet.
Battery metals play Altura Mining hasn’t given up on its recapitalisation proposal. Bloomberg
Despite Altura’s lenders backing Pilbara Minerals’ play to buy it with a $230 million equity raising, it is understood the embattled lithium play is still pursuing a recapitalisation proposal with help from Azure Capital and Canaccord Genuity.
Sources said Azure and Canaccord fired off a letter to Altura’s…

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