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Serabi to raise another US$8 million

Funds will be used to boost Brazil production

Staff reporter
The funds will be used for, among other things, the second phase of drilling at the Palito (pictured) and Sao Chico projects in Brazil

The funds will be used for, among other things, the second phase of drilling at the Palito (pictured) and Sao Chico projects in Brazil

It aims to issue new shares at a price of £0.036 (US$0.051) per share, a discount of 12.2% to the closing mid-price of £0.041/share on March 28 and the same price as the Greenstone Resources subscription....

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