[MEDIA] Per AFR article: "Aeon is hoping to raise up to $13...

Per AFR article:
"Aeon is hoping to raise up to $13 million to fund the completion of a pre-feasibility study on its Walford Creek Project."

"The placement will raise a minimum of $7 million and up to $10 million, while $3 million will be raised from Mum and Dad investors.

The book will close at 1pm AEST on Friday.

The raise comes at a significant 20.6 per cent discount to the previous close price, priced at 5.8¢ per share.

Already one of Aeon’s major shareholders, OCP, has committed to participating in the offer and will take up its pro-rata share of circa 44 per cent."

Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.