De Grey Mining Concludes Major Equity Raise

De Grey Mining Ltd (AU:DEG) has released an update.

De Grey Mining Ltd has successfully completed the retail component of its equity raising efforts, securing approximately A$85.6 million, as part of a larger strategy to raise around A$600 million. The funds were raised through a non-renounceable entitlement offer of new shares, priced at A$1.10 each. The new shares are slated to begin trading early June, following the allotment.

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