Benz Announces A$150m Placement to Accelerate Delivery of Glenburgh Maiden Resource
Not for release to US wire services or distribution in the United StatesHIGHLIGHTSBenz has received firm commitments to raise A$150 million via a targeted institutional placement driven by inbound interest from a select group of long-only, global specialist resources investors Placement proceeds will accelerate Benz's planned 450,000m Glenburgh drill program, adding 6 additional drill rigs to take the on-site fleet to 14 rigs operating across 20 shifts The 450,000m campaign represents one of the...
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