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Media Room

Kin Mining hopes to raise A$15m

ASX-listed Kin Mining will raise up to A$15-million to fund exploration and resource growth at its Cardinia gold project, in Western Australia.

The explorer on Wednesday reported that it would raise an initial A$12-million through the placement of 92.3-million shares, at a price of 13c each, with a number of Kin’s largest shareholders participating in the placement.

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