Talga Group has announced a fund raise of AUD$22 million (around USD $14,000,000). The raise was reportedly oversubscribed and was supported by a range of institutional investors. It and will take Talga’s pro forma cash position (before costs) at 30 September 2022 to A$27 million (around USD $17,255,000).
The Placement was jointly managed by Morgan Stanley Australia Securities Limited and Euroz Hartleys Limited, and supported by UK placing agent Longspur Capital Limited.
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