Proactive Investors

Highfield Resources takes capital raising to more than A$24 million on completing SPP

October 17, 2024

Highfield Resources Ltd (ASX:HFR) has taken recent capital-raising efforts to more than A$24 million (~US$16.38 million) after completing a share purchase plan (SPP) for funds of approximately A$2.06 (~US$1,380,200).

As well as the SPP, also boosting the capital raising has been the further issuance of shares under the unconditional component of Highfield’s institutional placement for an amount of US$4 million (~A$6 million).

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