Flinders Mines is seeking to raise $16 million to advance its Pilbara iron ore project, with the company needing to fund further work to progress the mine to feasibility stage. Finders, which recently moved from Adelaide to West Perth, will issue around 290 million shares at a price of 5.5 cents each, according to documents released to the ASX today. The entitlement offer will be on a one share for 11 ordinary shares basis. To read more, please Login or Register below