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South America explorer raises US$4.5M

Issue heavily oversubscribed

Kristie Batten
Challenger Exploration's Hualilan project in Argentina

Challenger Exploration's Hualilan project in Argentina

The 65 million new shares will be issued at A10c per share, a 9% discount to the 10-day colume-weighted average price. The second tranche, including a $1.3 million contribution from Quinn, will require...

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