Highfield Resources Ltd (ASX:HFR)'s Ignacio Salazar joins Proactive's Katie Pilbeam after receiving firm commitments from institutional investors for the placement of shares at 52 cents per share to raise A$15 million. Highfield's placement received strong support from both existing as well as new institutional investors and was oversubscribed. Salazar takes viewers through the spending plan, with the proceeds providing a runway to pursue project finance and other strategic alternatives to complete the construction funding of the Muga Potash Project in northern Spain.
Highfield Resources presents spending plan for A$19m raise for Muga potash project
