PEK 4.35% 11.0¢ peak rare earths limited

institutional placement...........

  1. 88 Posts.
    As a Newbie to share market and a small holder of PEK shares can someone please explain the process to take place re. this new placement also where do these Canadian`s fit-in to the equation.....

    Institutional Placement
    The Company has agreed to place 11.3 million new ordinary shares at $0.28 per share to Australian
    and international institutional and sophisticated investors.    The Placement will be made in one
    tranche to be issued immediately under the Company’s 15% capacity, pursuant to ASX Listing Rule
    7.1.  Settlement is scheduled for Friday, 25 November 2011

    THX in advance Humus67
 
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