CIRRALTO RAISES A$2.8M VIA PLACEMENTCirralto Limited (ASX: CRO...

CIRRALTO RAISES A$2.8M VIA PLACEMENT
Cirralto Limited (ASX: CRO or the Company) is pleased to advise that it has raised $2,806,200 (before
costs) from the issue of 93,540,000 fully paid ordinary Cirralto shares under a placement to
sophisticated and professional investors at an issue price of A$0.03 per share ("Placement"). In
addition, for every four (4) shares subscribed for investors will receive one free attaching listed option
each with an exercise price of $0.025 and an expiry date of 28 July 2023 (being the same class as the
Company’s existing listed option ASX:CROO). The issue of options is subject to shareholder approval
to be sought at a shareholders meeting to be held in January 2021.

so what does anyone think about this?