Oceana Gold, which operates gold mines at Macraes and
Reefton, easily raised $C115 million ($NZ151.5 million)
through a capital raising of warrants destined to be traded
through the Toronto Stock Exchange.
The growing belief United Kingdom banks might need a further
state bail-out next year was unlikely to trigger another
global financial crisis, Craigs Investment Partners broker
Peter McIntyre said yesterday.