DCN dacian gold limited
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News: DCN Dacian Gold Announces Placement & Entitlement Offer To Raise Up To A$98 Million

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    08/04/20
    15:40
    Post #: 43953451

    April 8 (Reuters) - Dacian Gold Ltd (DCN) :

    • DACIAN GOLD LTD ANNOUNCES INSTITUTIONAL PLACEMENT AND 1 FOR 1 ENTITLEMENT OFFER TO RAISE UP TO ABOUT A$98 MILLION
    • NEW SHARES TO BE ISSUED AT A$0.30 PER SHARE
    • A MINIMUM OF A$80 MILLION OF OFFER IS UNDERWRITTEN BY MACQUARIE CAPITAL (AUSTRALIA) & CANACCORD GENUITY (AUSTRALIA)
    • DIRECTORS OF CO COMMITTED TO TAKE UP TO $5.7 MILLION OF OFFER
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