http://www.copyright link/street-talk/galena-launches-capital-raise-hartleys-hired-20180416-h0yu1j
Lead and silver miner Galena Mining was in the market on Monday, seeking to raise between $7 million and $8 million.
According to a term sheet sent to investors by lead manager Hartleys, the shares were on offer at 15.5¢ each, representing a 12.6 per cent discount to the 15-day volume weighted average price.
The company, which has placed itself in a trading halt, is prepared to accept oversubscriptions of up to a further $1 million.
Funds raised will be used for further infill and expansion drilling at Galena's 100 per cent-owned Abra project in Gascoyne, WA.
Read more: http://www.copyright link/street-ta...-hartleys-hired-20180416-h0yu1j#ixzz5CoX7y29G
Follow us: @FinancialReview on Twitter | financialreview on Facebook