175 million dollars capital raising boosts Karara construction kitty

摘要

Gindalble Metals Ltd has hit its first capital raising target of 175 million dollars to help push along the development of its Karara iron ore project in Western Australia's Mid-West. Institutions and major shareholder Ansteel jumped on board when Gindaibie announced the capital raising, with 111.8 million dollars coming from an institutional placement and 63.3 million dollars through a conditional placement to Ansteel.