Coronado completes retail raising

ASX-listed Coronado Global Resources has completed the retail component of its 2-for-11 pro-rata accelerated entitlement offer, raising proceeds of some A$9.6-million.

The retail component of the entitlement offer formed part of a larger A$250-million capital raise which also included a fully underwritten share placement to raise A$145-million, while the entitlement offer would raise A$105-million.