COMPANY ACTIVITY

Paringa raises $8M to kick-start mine development in 2017

PARINGA Resources has raised $8 million by completing a book build and placed 19 million shares at an issue price of $0.42c per share with institutional investors.

Lou Caruana
Paringa raises $8M to kick-start mine development in 2017

The proceeds from the placement will be used to complete an updated bankable feasibility study for a potential two coal seam operation at the Poplar Grove coal mine in Kentucky in early 2017. Paringa...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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