Published: Dec 8, 2022 | By: Special Report | STOCKHEAD | Investors back Renascor with $70 million placement for Aussie made graphite

Renascor (ASX:RNU) managing director David Christensen says the placement is the final step of a “transformational year”, with domestic and international investors subscribing for 254.5 million new shares at 27.5c a pop.

It places the Canberra-backed project, containing one of the world’s largest reported deposits of natural graphite, on the fast track to development. Read More.