Waratah Minerals provided that the Company has received firm commitments to raise $5m (before costs) via a share placement to institutional, investors at A$0.25 per share with 20m new FPO shares to be issued ('Placement'). The Placement will occur in two tranches with the first tranche of $1.8m, under the Company's existing placement capacity under ASX Listing Rules 7.1 and 7.1A, followed by a second tranche of $3.2m, subject to shareholder approval. $5m Placement to accelerate drilling at the Spur Project (Requires Adobe Acrobat Reader)
WTM Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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