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Highfield Resources seeks $32m in placement

Potash explorer and developer Highfield Resources is seeking to raise $32 million in a placement through Foster Stockbroking and Taylor Collison.

Sarah Thompson, Anthony Macdonald and Gretchen Friemann
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Potash explorer and developer Highfield Resources is seeking to raise $32 million in a placement through Foster Stockbroking and Taylor Collison.

South Australia-based Highfield went into a trading halt on Tuesday morning as its brokers contacted potential investors for the cash call.

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Original URL: https://www.afr.com/street-talk/highfield-resources-seeks-32m-in-placement-20140610-iwxyq