Street Talk

Canaccord raising for Metals X: sources

Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis

Updated Aug 1, 2016 – 8.42pm, first published at 8.41pm

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Canaccord has launched an equity raising for gold and tin miner Metals X, sources told Street Talk on Monday night.

It's understood the miner was seeking $75 million in fresh funds at $1.48 to $1.50 a share. The stock closed at $1.70 on Monday.

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