DRE dreadnought resources ltd

Ann: Completion of Share Purchase Plan with Overwhelming Support, page-8

  1. 5,976 Posts.
    lightbulb Created with Sketch. 8779
    Who would've thought, hey?

    $1.725M raised, more than the $1.5M sought.

    Even though the share price was at/around/below the raise price during the raise period.

    And "some" were saying that they won't raise any money through the SPP.

    To be honest, I didn't think they'd raise this much, and nice of them not to scale back holders that showed their support when they didn't have to and when it was a bit risky to apply with where the SP was.

    During the SPP process, I also learned that the $30k maximum is per person/holder name, and not per account/HIN.

    Anyway, $10.225M raised in total, and they had about $3M already, so looks like that'll be it for DRE and CR's, and bring on the gold mining and self-funding of those big discoveries (while the REEs heat up and get worked on in the background).

    Cheers,

    GB.
 
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