Capital Watch: Hammer, Southern Gold and more
Copper explorer Hammer Metals has secured $3.72 million via a placement to fund ongoing exploration in Mount Isa. New shares will be issued at 6c each, a 13% discount, with directors to subscribe for $220,000. Canaccord Genuity and Ore Minnett acted as joint lead managers with Foster Stockbroking as co-manager. Southern Gold is raising $2.5 … [Read more…]