ASX-listed African gold play Firefinch was prepping up to launch a heavily discount $90 million raise on Tuesday morning.
ASX-listed African gold play Firefinch was prepping to launch a heavily discount $90 million raise on Tuesday morning.It was expected to offer shares at 6¢ each, a hefty 70 per cent discount to the last close.
Fund managers were expecting term sheets on Tuesday morning. Firefinch had $230 million odd market capitalisation but its 16 per cent stake in its lithium spin off was worth $151 million odd.co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.
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