StockTake: BHM boosts Broken Hill war chest with more than $38M
Host Tylah Tully looks at Broken Hill Mines’ (ASX:BHM) hefty $38.5 million raising to fuel further growth at its Rasp and Pinnacles projects.
The placement was discounted to the last trade and drew strong demand from high-quality investors at home and abroad.
The fresh capital sets the company up for a 17,000m drill campaign to grow resources at the Rasp underground operation and a 20,000m program at the Pinnacles project.
Watch the video to learn more.
This video was developed in collaboration with Broken Hill Mines, a Stockhead client at the time of publishing.
The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
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