Syrah Resources raises $42mln to develop graphite anode project
Published: Friday, 11 December 2020
Australian graphite company Syrah Resources has completed an institutional placement of 62.2 million new fully paid ordinary shares to raise approximately A$56 million ($42 million), the company said on Friday December 11.
On Thursday, Syrah announced a
capital raising program for A$112 million, including a
convertible note deed and a fully underwritten institutional
The company is also undertaking a share purchase plan to
raise up to A$12 million. The offer is scheduled to open to
eligible shareholders on December 21....