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Altair Boosted by Endeavour Mining Investment

Altair Minerals (ASX: ALR)

Announced that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altairat an issue price of A$0.043 per Placement Share, raising ~A$28.2 million. 

The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair. Continue reading