ADN 11.1% 0.8¢ andromeda metals limited

Ann: Trading Halt, page-51

  1. 4,850 Posts.
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    $6m raise (with the ability to take another $2mil in oversubscriptions via the placement)

    Placement 50% of the raise + an entitlement offer 50% of the raise being a 1 for 13

    At 1.25c

    +

    1:1 options - 3 yr expiry - 1.75c strike price

    Best of luck
 
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