Yep -- email from Raisebook:
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Raisebook has secured a small allocation of a high demand placement for Cougar Metals (ASX: CGM).
CGM is raising $500,000 at an issue price of 1.3c per share.
The placement is being priced at a:
- 19% discount to the 7 day vwap of 1.6c
- 28% discount to the closing price of 1.8c.
- 38% discount to the recent high of 2.1c (30th August)
Cougar Metals has traded over 160,000,000 shares in the past two weeks.
This is a high demand placement that closes at 6PM AEST (4PM AWST).
The maximum bid is $5,000.
Raisebook investors who are interested are encouraged to bid as soon as possible.