​Brighton seeks funds for mine in Kingdom | Phnom Penh Post

Brighton seeks funds for mine in Kingdom

Business

Publication date
02 November 2011 | 05:00 ICT

Reporter : Don Weinland

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Brighton Mining Group announced yesterday that it would issue convertible notes to raise more than US$600,000 for field work at its Antrong prospect in Mondulkiri. The company, which is listed on the Australian Securities Exchange, expects to issue the notes during the next month, according to a company statement. The notes will be convertible to company shares at a price of $0.154 per note for one year after the date of issuance. Unconverted notes will accrue interest at 10 per cent per year. DON WEINLAND

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