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Briggs confident Copper 360 will raise funds
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Briggs confident Copper 360 will raise funds
COPPER 360 CEO Graham Briggs expects little difficulty securing the final R50m of the struggling miner’s R1.15bn recapitalisation, describing the task in an interview with Currency on Friday as “relatively easy”. The key features of the recapitalisation, unveiled last week, are a R400m rights offer to existing shareholders with shares offered at 50 South African cents per share, and a shares for debt conversion. The former Harmony Gold boss, who…
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