daytrading august 6 pre-market, page-27

  1. 1,728 Posts.
    RMX: CR placement...

    Having been significantly oversubscribed, the Company will
    allot the remaining shortfall on or about 12 August 2013 subject to the clearance of funds. The shortfall comprises
    221,033,039 New Ordinary Shares, 110,516,520 New Short - Dated Options, exercisable at 1.5 cents each on or before 30 June 2014, and 55,258,260 New Long - Dated Options, exercisable at 3 cents each on or before 30 June 2016, for a total consideration of $2.21 million (before costs).
    Total funds raised under the Rights Issue
    will be $2.8 million, or $2.5 million
    net of costs.
 
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