BDR 0.00% 6.5¢ beadell resources limited

Ann: US$23 Million Capital Raising, page-3

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    TRANCHE 1 – WITHIN BEADELL’S 15% PLACEMENT CAPACITY UNDER ASX LISTING RULE 7.1
    Approximately 76 million ordinary shares with attached unlisted warrants (on the basis that each
    share carries three-quarters of one warrant) at an issue price of A$0.083 per share.

    Overall it doesnt look bad at all. Any inside information of why they dont want to proceed the sprott deal? Major shareholders rejected it?
    Let wait for the listing in the canadian exchange. They might pump up the sp.
 
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Currently unlisted public company.

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