GAL 5.88% 16.0¢ galileo mining ltd

Ann: Market Update and NOM Addendum, page-3

  1. ST
    3,037 Posts.
    I found this so far

    Further to this, and following expert advice from the Lead Manager of the forthcoming capital
    raising, the Company will undertake a consolidation of its share capital on a one for two basis ahead​
    of the raising.

    The capital raising will still be conducted through the issue of shares (post consolidation) at not less
    than $0.02 each, meaning the Company will still be able to raise funds above this minimum price​
    which is the current intention
    Last edited by ST: 23/10/15
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