trending Market Intelligence /marketintelligence/en/news-insights/trending/Bfnf9OKy0KJOgiayoTXkCw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Alliance Resources raising up to A$5M via rights issue

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019


Alliance Resources raising up to A$5M via rights issue

Alliance Resources Ltd. intends to raise up to about A$5 million from a rights issue.

The proceeds will go toward development activities, including exploration drilling, metallurgical testing and working capital.

Shareholders will be able to subscribe for one new share for every two shares held as of March 21 at an issue price of 9.5 Australian cents apiece.

The offer is partially underwritten to A$4 million by Patersons Securities Ltd.

The company said March 18 that it will issue about 52.1 million new shares if the offer is fully subscribed. It expects to close the offer April 9.

Alliance's flagship asset is the Wilcherry gold project in South Australia.