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23 September 2009
Fairfax raises £2.8m in a placing of new equity for Hambledon Mining PLC
Fairfax has raised £2.8m in a placing for Hambledon Mining Plc, a gold mining and exploration company with operations in Kazakhstan. The proceeds of the placing will be used to accelerate the development of its underground gold mine. Fairfax is the nominated adviser and broker to Hambledon Mining PLC.