26
Apr
05:19
Hawsons Iron raises funds
Australian iron ore developer Hawsons Iron is raising up to approximately AUD 3.25 million ($2.12m) to fund its iron project, Kallanish notes.
The firm says in a statement that the funding has been completed via an approximately AUD 2.25 million single-tranche placement and a AUD 1 million shareholder placement.
The placement will consist of approximately 69 million ordinary new fully paid shares at AUD 0.033 per share.
The firm has secured firm commitments of …
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Anonymous
Very good overview of the weekly steel market.
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