Wow, pleasantly surprised.
PART UNDERWRITING AGREEMENT TO RAISE $2 MILLION
Marindi Metals Ltd (ASX: MZN) is pleased to advise that it has entered into an options underwriting agreement with Argonaut Capital Limited relating to the Company’s 2.0 cent options expiring on 31 December 2016
Argonaut will underwrite the exercise of any shortfall up to a maximum of 100 million 2.0 cent options, raising up to $2 million before costs.
As at 29 December 2016, there were 205,533,272 outstanding options.
Managing Director Joe Treacy said: “This agreement represents a strong vote of confidence in Marindi’s prospects, and ensures we are well funded to continue our high potential exploration and corporate objectives.”
Joe Treacy
Managing Director and CEO
Investor Inquiries
Marindi Metals Limited 08 9322 2338
Media Inquiries
Empeiros Advisory
John Phaceas
0411 449 621 [email protected]
Cheyne
