EXL elixinol wellness limited
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News: EXL Elixinol Global Announces $11.0 Mln Capital Raising

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    05/05/20
    09:05
    Post #: 44433877

    May 5 (Reuters) - Elixinol Global Ltd (EXL) :

    • ANNOUNCES $11.0 MILLION CAPITAL RAISING
    • RAISING VIA A 1 FOR 2.51 ACCELERATED PRO-RATA RENOUNCEABLE ENTITLEMENT OFFER
    • Q1 REVENUE $3.3 MILLION, DOWN 25% Q/Q
    • HEADCOUNT OF FULL-TIME EQUIVALENTS REDUCED TO 78 FROM 119 AS AT 31 DECEMBER 2019
    • ENTITLEMENT OFFER AT OF $0.20 PER NEW SHARE
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