Sumitomo taking bulk of $37.5M Augusta financing

Vancouver -- Augusta Resource (AZC-T, AZC-X) has lined up a $37.5-million financing, with Japanese multinational Sumitomo (SSUMY-O) subscribing to 71% of the non- brokered private placement.The financing will see Augusta sell more than 10.7 million shares at $3.50 apiece, almost...

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