Burey Gold Limited (ASX: BYR) (“Burey”) is pleased to announce that it has successfully completed a
book build to raise approximately A$11.6 million (“Placement”). Cornerstone participation in the
Placement comes from two leading international resource funds, with the Placement being significantly
oversubscribed by a number of leading domestic and international institutional and professional
investors.
The Company will issue approximately 215 million shares at 5.4 cents per share pursuant to the
Placement, which represents a discount of only 8.5% to Burey’s volume weighted average price over
the 5 day period leading up to finalisation of the Placement. Hartleys Limited and RFC Ambrian Limited
were joint Lead Managers for the Placement, with each of them focusing on their strong institutional
client networks to market the Placement
Burey Gold Limited (ASX: BYR) (“Burey”) is pleased to announce...
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