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Aeris bolstered by $80 million raise
Summary by Australian Mining
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1 Articles
Aeris bolstered by $80 million raise
Aeris Resources’ Tritton copper operation in NSW. Image: AerisAeris Resources has secured $80 million via an institutional placement and launched a $10 million share purchase plan (SPP) to reduce debt and fund growth projects. The placement, priced at $0.45 per share, drew strong support, with around 177.8 million new fully paid ordinary shares to be issued, representing a 13.5 per cent discount to Aeris’s last closing price of $0.52. “This inbo…
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