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29 Nov
01:55

Bowen completes retail entitlement offer

Australian coal miner Bowen Coking Coal has successfully completed its AUD 50 million ($33.27m) equity raising, Kallanish notes. In a statement, the firm announces the successful completion of the retail component of its fully underwritten 1 for 6 pro rata accelerated non-renounceable entitlement offer announced in early November. Completion of the retail entitlement offer represents the final stage of Bowen’s approximately AUD 50 million equity raising, …
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