1MC 13.8% 3.3¢ morella corporation limited

Ann: New Financing Package, page-15

  1. 12,830 Posts.
    lightbulb Created with Sketch. 15645
    And yet the Register appears to get even ' tighter ' ..... I know , I'll be endeavoring to get my hands on as many as I can in and around the 5 cent issue price. So much for that 17 cent and above price prediction.....biggrin.png

    " The equity raise will be issued under the Company’s existing LR 7.1 placement capacity. An amount of $5m of the placement will be issued to Mr Allan Buckler, a director, and is therefore subject to shareholder approval, though the Company has received these funds pending that approval. The amount represents 44.6% of the equity raise. Mr Terry Smith, a substantial shareholder, is also a participant in the equity raise. "
 
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