MARKETS

Decmil raises cash

DECMIL Group has raised $30 million in financing via a $20 million debt facility and $10 million equity placement, with a further $2 million planned via a share purchase plan.

Decmil raises cash

The hybrid raising was designed to minimise equity dilution. It offered 25 million shares at 40c per share, a 7% discount on its closing price of Wednesday and an 8.6% discount to the five VWAP,...

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