Aeris completes A$30m capital raise

ASX-listed Aeris Resources has successful completed a A$30-million capital raise to fund the purchase of the Cracow gold mine, in Queensland.

The company on Tuesday said that it had completed the institutional component of its capital raise. Some 244.3-million shares were issued in a share placement, raising A$7.3-million, while a further A$22.7-million was raised through an institutional entitlement offer.