Business
Small cap mining duo launch raisings – The Australian Financial Review
ASX-listed Eagle Mountain Mining wants to get some cash in the door to finance exploration at its Oracle Ridge copper project in Arizona.
Meanwhile, ASX-listed Eagle Mountain Mining wants to get some cash in the door to finance exploration at its Oracle Ridge copper project in Arizona, which the company wants to turn into a low cost, low emission mining operation, supplying copper into the green energy sector.
The company was looking for $10 million in fresh equity via a placement of new shares, according to terms sent to funds.
The new shares were being offered to potential investors at 35¢ each, a 0 per cent discount to Eagle Mountains…
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