SAR saracen mineral holdings limited

News: SAR Saracen Mineral Holdings Announces Successful Completion Of Institutional Placement

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    Nov 20 (Reuters) - Saracen Mineral Holdings Ltd (SAR) :

    • ANNOUNCES SUCCESSFUL COMPLETION OF BOTH INSTITUTIONAL PLACEMENT AND INSTITUTIONAL COMPONENT
    • INSTITUTIONAL PLACEMENT RAISED APPROXIMATELY A$369 MILLION AT AN OFFER PRICE OF A$2.95 PER SHARE
    • RETAIL COMPONENT OF ENTITLEMENT OFFER WILL SEEK TO RAISE UP TO ABOUT A FURTHER A$95 MILLION
 
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