Small cap resources trio launch raisings – The Australian Financial Review

ASX-listed resources outfits New World Resources, Black Cat Syndicate and Octanex Ltd landed in front of small cap fund managers on Monday morning, on the hunt for cash injections.
A trio of resources outfits were raising money on Monday. Louise Kennerley
First cab off the rank was copper explorer and developer New World, which had Canaccord Genuity in its corner for a $15 million raising.
The two-tranche placement was priced at 10¢ a share, which represented a 9.1 per cent discount to New Worlds…

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