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Myanmar in big raising for Bawdwin

Company's high-profile backers chipping in

Kristie Batten
Drilling at Bawdwin in northern Myanmar

Drilling at Bawdwin in northern Myanmar

The raising, which will be conducted in two parts, has an issue price of A6.5c per share, a 7.1% discount to yesterday's close. A single-tranche placement will raise up to $20.8 million, while an underwritten...

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