Street Talk
Jupiter picks up $40m from the Netherlands
Sarah Thompson and Anthony Macdonald
Updated
Jupiter Mines raised $40 million in a placement to Netherlands-based institutional investor Stichting Pensioenfonds ABP.
ABP took a 14 per cent stake in the company at 16¢ a share. Jupiter has also announced a five-for-19 rights issue to existing shareholders to raise up to a further $85 million.
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