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OreCorp wastes no time in raising $56M

Company gets strong backing after progress on big gold project

Kristie Batten
OreCorp's Nyanzaga gold project in Tanzania

OreCorp's Nyanzaga gold project in Tanzania

A heavily oversubscribed placement of 70 million shares was priced at 80c, a 15.3% discount to the company's last closing price. The offer was strongly supported by domestic and offshore institutions,...

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