Capital Raising
For the purpose of funding the above diamond drilling program and provide ongoing working capital, the board of the Company has resolved to undertake a private placement to issue 1,170,924,212 shares at a price of $0.0005 with an attaching 1:1 option $0.0015 expiring 31 December 2023 to raise $585,462.
The shares will be issued to exempt investors under section 708 of the Corporations Act (2001) (Cth) as soon as the private placement is finalised utilising the Company’s capacity under ASX Listing Rule 7.1. The attaching 1:1 options will be issued at a later date subject to the Company obtaining the necessary shareholder approval.
Lol......
Capital Raising For the purpose of funding the above diamond...
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $9.296M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $278 | 185K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 116 | 410088351 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 29275795 | 25 |
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| Last trade - 15.25pm 03/05/2024 (20 minute delay) ? |
| MTL (ASX) Chart |