VHL 7.69% 14.0¢ virax holdings limited

Ann: Capital Raising Update , page-2

  1. 5,249 Posts.
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    Looks like the company are issuing 300m at 1c per share now




    As disclosed in the Company’s previous announcement, shareholders have today voted to
    approve the acquisition of Pathway Oncology Pty Ltd and the placement of up to 250,000,000
    shares at an issue price of not less than $0.012 per Share to raise up to $3,000,000. The
    Company is now progressing all of the matters necessary to settle these transactions.

    In addition, the Company has agreed to issue one (1) free fully paid ordinary share for every
    five (5) shares issued under the placement. These shares will be quoted on ASX and rank
    equally with existing fully paid ordinary shares.
 
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Currently unlisted public company.

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