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Predictive raises A$40m for Guinea gold

Gold explorer Predictive Discovery will raise A$40-million in a share placement to institutional and sophisticated investors to advance its Bankan gold project, in Guinea. The company on Monday said it had received firm commitments for the placement of 269.6-million shares at a price of 15c each, representing a discount of 5.5% to the company’s five-day volume weighted average share price.
Western Australia Andrew Pardey Predictive Discovery West Africa

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