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Maroc Maroc - MININGMX.COM - A La Une - 15/Jan 08:57

Caledonia to offer up to $150m in convertible shares

CALEDONIA Mining plans to raise up to $150m through the issue of convertible shares with the proceeds earmarked for Bilboes, the miner’s recently unveiled gold project in Zimbabwe. The initial notes offering is for $125m (increased from an earlier amount of $100m) but subscribing investors have the option to purchase an additional $25m (upsized from […]

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