Newmont exercises Antipa top-up right

Newcrest Operations, a subsidiary of global gold major Newmont, has exercised its top-up right to maintain an 8.6% shareholding in Western Australia-focused exploration company Antipa Minerals. Newmont’s participation will see Antipa issue an additional 54.15-million fully paid ordinary shares at A$0.01 a share to raise a further A$540 000. This will result in the total funds raised under the placement and top-up placement to A$6.25-million.