Navigator Resources, Mineral Deposits and IPGA were among the companies involved in capital raisings on Monday.
■ Navigator Resources engaged Patersons Securities to raise up to $31.7 million in a renounceable rights issue. Patersons underwrote the one-for-one issue for $20 million. New shares are to be issued at 6.8¢ each, a heavy discount to its last discount of 12.5¢ a share.
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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
