Santana announces A$63m equity raise
Otago gold prospector gets institutional backing in A$60m placement, A$3m to come from retail share purchase plan.
The site of Santana Minerals’ Bendigo Ophir gold project.
Dual-listed Otago gold prospector Santana Minerals has announced a A$63 million ($69m) capital raise through a placement and share purchase plan at A58c a share.
The A$60m placement is managed and underwritten by Canaccord Genuity for a fee of 5%, or A$3m.
In a statement, Santana said the placement
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