Bathurst seeks capital as resource consents loom

Mon, 02 Sep 2013

By Pattrick Smellie Sept. 2 (BusinessDesk) - Bathurst Resources is seeking to raise as much as $20 million in one-off book building exercise that offers long-suffering shareholders a chance to gamble on a rising share price after the imminent granting of resource consents for its Escarpment mine on the Denniston Plateau. The Wellington-headquartered company's share register is dominated by Australian shareholders, many of whom have been frustrated by the length of appeals processes against the Escarpment development. Bathurst shares last tr...

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