Renascor shakes the tin for exploration work

Graphite developer Renascor Resources will raise A$3.6-million to fund work streams at its Siviour battery anode materials project and at its Carnding gold project, in South Australia.

More than 324.8-million shares will be issued at a price of 1.1c each, along with one free attaching option with an exercise price of 2c each and a two-year expiry date.