Nov 15 (Reuters) - Energy Resources Of Australia Ltd (ERA) :
- ANNOUNCES $476 MILLION RENOUNCEABLE ENTITLEMENT OFFER TO FUND ITS RANGER PROJECT AREA REHABILITATION OBLIGATIONS
- OFFER PRICE OF $0.15 PER SHARE
- RIO TINTO WILL SUBSCRIBE FOR ITS ENTITLEMENT IN FULL AND IS ACTING AS UNDERWRITER TO OFFER
- PROCEEDS TO FUND CO'S REHABILITATION OBLIGATIONS FOR RANGER PROJECT AREA & ENABLE CO TO CONTINUE AS A GOING CONCERN
Source text http//bit.ly/32NnPj1
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News: RIO Energy Resources Of Australia Announces $476 Mln Renounceable Entitlement Offer
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