GXY 0.00% $5.28 galaxy resources limited

ann gxy to exceed rights issue minimum, page-2

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    Highlights
    ? A$5 million subordinated short term loan facility agreed with lending consortium with a view to convert to equity
    ? Deutsche Bank agrees to subscribe to Entitlement Offer to maintain its position
    ? Current acceptances, conversion of loan facility, and Deutsche Bank subscription will exceed the minimum required raising under the Entitlement Offer
 
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Currently unlisted public company.

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