Raisings: Beadell nets $30m in commitments
Anthony MacdonaldColumnist
Beadell Resources topped a quiet day in equity capital raisings on Friday, with the announcement of a $30 million deal. Elsewhere, APA Group confirmed it had successfully tapped the market for $300 million.
■ Castle Minerals raised $4.8 million through the issue of 13.9 million shares at 35¢ each. US-based private equity firm Resource Capital Funds was among the new shareholders, picking up a 4.3 per cent stake.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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