don't get too excited.....$#&&^@#&!!!
Golden State Resources is pleased to announce that funds of $1.4 million have been raised by the placement of 35,000,000 shares at an Capital Pty Ltd. Each share shall have two free attaching listed for exercisable at 12c and having an expiry date of 30 November 2010. The options will be subject to shareholder approval. The issue of the shares is within the Companies 15% placement capacity.
The shares are to be issued to 708 sophisticated investors. The Company will pay Allegra a 6% commission (plus GST) of the total funds raised. The proceeds of the share p
provide working capital for conclusion of this placement
million to $750,000.
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