By Devika Patel
Knoxville, Tenn., Oct. 19 - Macquarie Harbour Mining Ltd. said it completed a A$3 million private placement of shares.
The company sold 15 million ordinary shares at A$0.20 apiece.
Proceeds will be used to complete the Aluminium Salt Slag Recovery Project.
The mineral resources explorer is based in West Perth, Australia.
Issuer: | Macquarie Harbour Mining Ltd.
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Issue: | Ordinary shares
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Amount: | A$3 million
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Shares: | 15 million
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Price: | A$0.20
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Warrants: | No
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Settlement date: | Oct. 19
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Stock symbol: | Australia: MHM
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Stock price: | A$0.25 at close Oct. 19
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