Wow, what a fantastic deal it is for the new guys! Raised a whole $1.35M @ .002 WINNING! In connection with their appointment as Directors, Macro Metals has received firm commitments from Mr Rushton, Mr Cranston, Mr Kumova and Mr Jewson (the “Incoming Directors”) (or their nominees) for $1.22M out of the total placement of A$1.35m (before costs) (“Placement Funds”) by undertaking a placement of up to 675,000,000 new fully paid ordinary shares in the capital of the Company at an issue price of $0.002 per new share (“Placement Shares”), together with one (1) free attaching unlisted option for every two (2) Placement Shares subscribed (i.e. up to 337,500,000 options are proposed to be issued) (“Placement Options”) (together, the Placement Shares and the Placement Options are the “Placement Securities” and the issue of the Placement Securities is the “Placement”).
