Symbol Undertakes Oversubscribed Capital Raising of AUD$3,000,000 Highlights: • Symbol has successfully raised AUD$3.0 million via a placement of 100,000,000 shares at $0.03 per share • CPS Capital acted as Lead Manager to the Placement. The Placement was oversubscribed (amount sought was $2,500,000) which attracted strong support from existing investors • The Placement will be issued in two tranches, with Tranche 1 to be issued utilising ASX Listing Rule 7.11 placement capacity and Tranche 2 to be issued subject to shareholder approval • The funds will be used to accelerate commercialisation of the world class zinc and lead deposits at the Macy site, as part of the $5 million funding required under the Macy Scoping Study
- Forums
- ASX - By Stock
- SL1
- Ann: Symbol Undertakes Oversubscribed Capital Raising of A$3.0m
Ann: Symbol Undertakes Oversubscribed Capital Raising of A$3.0m, page-2
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SL1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online