Marengo seeks $US10.7m for Yandera

PERTH-based explorer Marengo mining plans to raise up to $A12.5 million ($US10.7 million) through a placement of new shares to fund additional work at its Yandera copper-molybdenum project in PNG.

Marengo seeks $US10.7m for Yandera Marengo seeks $US10.7m for Yandera Marengo seeks $US10.7m for Yandera Marengo seeks $US10.7m for Yandera Marengo seeks $US10.7m for Yandera

The company has engaged Paradigm Capital to place some of the shares with North American investors and will also issue shares to other international investors.

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