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FED:Argent to raise capital for acquisition

Argent Minerals says it will undertake a capital raising to fund its purchase of the Bullant underground gold mine in Western Australia.

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Argent Minerals says it will undertake a capital raising to fund its purchase of the Bullant underground gold mine in Western Australia from an arm of the world's largest miner of the precious metal.

Argent said the deal with a subsidiary of Canada's Barrick Gold Corporation, Barrick (PD) Australia, also included tenements around the Bullant mine near Kalgoorlie and site facilities and equipment.

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    Original URL: https://www.afr.com/companies/mining/fed-argent-to-raise-capital-for-acquisition-20100728-iv26p