ENR 2.70% 36.0¢ encounter resources limited

Ann: A$10 million Placement to Accelerate West Arunta Exploration, page-13

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  1. 5,417 Posts.
    lightbulb Created with Sketch. 1581
    from the last raise in September 2022 !?!
    we thinks they are very confident ioho!?!
    Canaccord Genuity (Australia) Limited and Chieftain Securities (WA) Pty Ltd acted as Joint Lead Managers to the Placement. Encounter will issue a total of 2 million options to the Joint Lead Managers (or their nominees) exercisable 36 months from the date of issue (1 million exercisable at $0.20 each and 1 million exercisable at $0.30 each).
    this raise!!!
    Canaccord Genuity (Australia) Limited and Chieftain Securities (WA) Pty Ltd acted as Joint Lead
    Managers to the Placement. Encounter will issue a total of 500,000 options, exercisable at A$0.50
    per option, to the Joint Lead Managers (or their nominees) exercisable 36 months from the date of
    issue
 
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36.0¢
Change
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Mkt cap ! $162.6M
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