Boutique stockbroker Petra Capital is in expansion mode, adding four new faces to its team, including long-term Bell Potter healthcare analyst Tanushree Jain.
Lithium and gold explorer Firefinch has settled on a $100 million placement, after investor sounding earlier this month.
Petra Capital is delighted to announce the addition of Andrew Richards to the Resource Sales team, focussing on institutional investors in the USA, Asia and select other niche markets.
Petra Capital’s target share price of A$0.96 is predicated on a long-term (post-2024) gold price of US$1,600/ounce. At spot prices of US$1,850/ounce, that target price increases to A$1.16 per share.
Salter Brothers portfolio managers Issam Eid and Rajeev de Silva have joined Petra Capital to set up a new fund.
Listed gold explorer Tietto Minerals is seeking $70 million in fresh funds for its West African Abujar gold project.
Allegiance Coal Limited is running a $30 million placement via Petra Capital to fund an acquisition.
Petra Capital have made significant contributions to the Sydney Breast Cancer Foundation over recent years.
ASX-listed telco Field Services Holdings (FSG) has announced it has raised $20 million in new capital from new and existing investors via an institutional placement.
