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Oct 28, 2020

New Century launches $35m capital raising

New Century launches $35m capital raising

New Century Resources has announced a $35 million ($US25 million) capital raising to reduce company debt. It is undertaking a $20.7 million ($US15 million) placement and a non-renounceable pro-rata entitlement offer for up to about $14 million ($US10 million). The company said the funds from the capital raising were intended to expedite debt repayment (it…

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