Ann: Neometals Successfully Closes A$9.0 Million Placement, page-4

  1. 144 Posts.
    lightbulb Created with Sketch. 32
    As stated
    It will be interesting to see what % of the shorts covered when stock is issued on the 29th ( Approx $4m)
    They had the ability to raise $10m under the term sheet but only managed $9m ie $5m if the shorts all covered
 
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