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1,627 Posts.
26
18/04/13
02:43
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Here is the detail of AWD capital raising
Ø Share Placement of up to 247.2m ordinary fully paid shares
Ø Offer Price at 1.10 cents per share
Ø To raise up to $2.72m
Ø Offer represents 15% discount to last traded price of 1.30 cents per share.
Ø Use of proceeds for minimum Working Capital requirements under the terms of Loan Facility conditions precedent.
I am getting a few. Should be good for a trade when the drilling begins.
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