30/04 - "During the previous quarter, $4 million placement via four even tranches. (Strategic Placement). Following Paramount completing its subscription for the first tranche of shares (for received proceeds of $1,006,418) in the December quarter, Paramount further subscribed for tranches 2 (mid-January 2025) and 3 (mid-February 2025) of the Strategic Placement shares during the March quarter and was issued a total of 201,283,718 ordinary shares in the Company at an issue price of $0.01 per share, for total proceeds of $2,012,837. Tranche 4 will be drawn down on an as-needs basis according to Macro’s working capital requirements and, in any event, prior to 30 June 2025."
= $980k approx.
M4M Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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