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RSS FeedsMetals X Launches A$32.7M Equity Raising
(WorldNews Asia)

 
 

19 september 2019 05:05:13

 
Metals X Launches A$32.7M Equity Raising
(WorldNews Asia)
 


ASX RELEASE 19 SEPTEMBER 2019 METALS X LAUNCHES A$32.7M EQUITY RAISING Not for release to US wire services or distribution in the United States HIGHLIGHTS Metals X launches A$32.7 million equity raising comprising an Institutional Placement to raise approximately A$15.5 million and a 1 for 6 Accelerated Non-Renounceable Entitlement Offer to raise approximately A$17.2 million. Approximately 218.2 million new shares to be issued at A$0.15 per share, representing a 16.8% discount to the Theoretical Ex-Rights Price ("TERP") of A$0.18 and a 21.1% discount to the Company`s last closing price of A$0.19 per share as at 18 September 2019. Proceeds from the equity raising, along with...


 
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