Capricorn Metals secures $131m for gold project expansions

Capricorn Metals has raised A$200 million ($131.38 million) through an institutional placement, pricing shares at A$6 each, a 4.9% discount to the previous close of A$6.31.The company noted that the capital injection has been earmarked for the KEP and MGGP, with a focus on increasing gold production...