RTG to raise $6m in private placement

ASX- and TSX-listed RTG has received commitments to raise about $6-million, or A$9-million, in a private placement to Australian and international investors.

“The private placement received strong institutional support, demonstrating the considerable interest in RTG’s interest in the high-grade copper/gold/magnetite Mabilo project, in the Philippines, and our other potential opportunities,” RTG states.