Capricorn raises A$18.2m for Karlawinda

ASX-listed Capricorn Metals has again tapped the capital markets, raising A$18.26-million through the placement of more than 280.9-million shares, priced at 6.5c each.

The offer price represented a 27% discount to Capricorn’s last closing price, and a 24.5% discount to the five-day volume weighted average share price of the company’s shares.