Highfield Resources raising up to A$19 million for pre-construction at Muga Potash Project

Highfield Resources Ltd (ASX:HFR) has received firm commitments from institutional investors for the placement of shares at 52 cents per share to raise A$15 million.

In addition to the placement, the company has launched a share purchase plan (SPP) to raise an additional $4 million, under which eligible shareholders will have the opportunity to participate in the equity raising initiative.

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