AAR 1.39% 7.3¢ astral resources nl

Ann: Capital Raising, page-2

  1. 12,163 Posts.
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    Anglo Australian Resources NL (“Anglo Australian” or the “Company”) (ASX: AAR) is pleased to announce the receipt of commitments in respect of the issue of approximately 11.4 million new shares at $0.088 each to current and new sophisticated Australian and overseas investors, to raise approximately $1 million before expenses. The placement will be undertaken under the Company’s capacity pursuant to ASX Listing Rule 7.1.


    as always virtually no discount to the last traded price and a small raise to get the momentum going...

    hopefully this will add another couple of cents to the sp in the next 2-3 months as seen after the CR os f the recent past...

    "to be viable as a mining operation" mentioned once again for Think Big... EXCITED for sure now
 
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