Guildford Coal to Raise Around $26.5 Million - Deal Journal Australia - WSJ: "The Newcastle-based company, which earlier this year secured a mining license for its flagship South Gobi project in Mongolia and is also advancing coal projects in Queensland state, plans to issue new shares at A$0.70 each. That represents a slight discount to its closing price of A$0.71/share Friday.
Guildford Coal, which has a market value of A$170 million, placed its stock in a trading halt early Monday due to its capital raising plans. It has appointed Sydney-based Foster Stockbroking to lead the issue."
'via Blog this'
