Sorry folks thought there were 2 placements, no one only. Cash topup via share issues, yes it was not just production in the numbers.
1 - 23 February 2023Not for release to US wire services or distribution in the United StatesRed 5 completes fully underwritten A$90 millionequity raising to support steady-state operations at King of the Hills and provide a robust platform for growth• Successful completion of an underwritten two-tranche Placement to raise A$80 million and confirmation of an underwritten A$10 million Share Purchase Plan• The equity raising has received strong support from both new and existing shareholders.
A great merge with SLR done by RED, was it great for you the SLR investors?
I will leave that to you to answer.
SLR Price at posting:
$1.02 Sentiment: None Disclosure: Not Held
