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10 Mar
01:26

Hawsons Iron completes fund raise

Australian iron ore firm Hawsons Iron has completed its AUD 1 million ($66,000) share purchase plan (SPP) offer, in conjunction with an earlier AUD 7.8m institutional placement, Kallanish notes.  Net proceeds from the placement and SPP are being used for working capital. They will be used to fund the strategic review’s action plan supporting a modified bankable feasibility study (BFS) for the Hawsons iron project, based on 11 million tonnes/year. …
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