Street Talk

Rex Minerals launches capital raising

Rex Minerals is looking to tap the market for $85 million via a two tranche placement at $2.50 a share.

Nabila Ahmed and Sarah Thompson

Updated Oct 11, 2010 – 10.28am, first published at 10.00am

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Rex Minerals is looking to raise $85 million via a two-tranche placement at $2.50 a share.

The copper explorer will channel the funds into expanding drilling and undertaking feasibility studies over the next two years.

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