ASX-listed Antipa Minerals will raise A$5.1-million through a share placement to institutional and sophisticated investors to fund its exploration programme for 2019.
The company on Friday said that it would issue some 268.8-million shares, priced at 1.9c each, representing a discount of 20.8% to Antipa’s last closing price on April 2, and a 24.3% discount to its ten-day volume weighted average price.