By the announcement, the Directors are in for 125k subject to Shareholders Approval!
PLACEMENT TO RAISE $2,000,000 TO FUND EXPLORATION
HIGHLIGHTS
Binding commitments received to raise $2,000,000
Substantial shareholder Ramelius Resources Limited commits to keeping
their shareholding at 6.79%.
Strike Drilling Pty Ltd to take up $250,000.
Serena Minerals Limited affiliates also have committed to $200,000.
Directors participating to take up $125,000, subject to shareholder approval.
New shares to be issued at $0.0025 per share.
Company now well‐funded to complete resource drilling at Coogee Gold
Project and other exploration activities during 2021.
Source: comsec.com.au
imo!
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