Quote: The Company advises that the Shortfall Offer closed oversubscribed, with all of the 13,354,536 Shortfall Shares being subscribed for by Eligible Shareholders.
The Company confirms that the number of Shortfall Shares to be issued to Eligible Shareholders who have subscribed for Shortfall will be scaledback pro-rata to their existing shareholding, in accordance with the process detailed in the Entitlement Offer Prospectus, released to ASX on 12 June 2020.
Tesoro’s Managing Director Mr Zeff Reeves commented
“On behalf of the Board of Directors, I would like to thank our shareholders and investors who have supported us through this Entitlement Offer. The Company is now well funded to advance El Zorro, we have already commenced infill and extensional drilling at El Zorro. We look forward to keeping our shareholders updated on our progress.”
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Mkt cap ! $55.92M |
Open | High | Low | Value | Volume |
3.3¢ | 3.6¢ | 3.3¢ | $46.64K | 1.316M |
Buyers (Bids)
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---|---|---|
2 | 390833 | 3.5¢ |
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3.6¢ | 1145627 | 2 |
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3 | 502441 | 0.034 |
1 | 10000 | 0.033 |
2 | 1150000 | 0.032 |
2 | 11889 | 0.031 |
Price($) | Vol. | No. |
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0.036 | 1145627 | 2 |
0.037 | 177000 | 2 |
0.038 | 849626 | 1 |
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