SFX 3.23% 30.0¢ sheffield resources limited

Ann: Trading Halt, page-43

  1. 190 Posts.
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    To fund the Acquired Assets and Acquired Options, Sheffield is undertaking a A$30.0 million Transaction comprising of:
    ▪ a Placement (Placement) of new Ordinary Shares (New Shares) to raise A$15.0m. The Placement is not underwritten.
    ▪ a Pro-Rata Entitlement Offer (Rights Issue) to raise an additional amount of A$15.0m at the Offer Price.

    Placement open to instos/sophs only, not very clear who can participate in rights issue


    Last edited by prometheus13: 27/02/23
 
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