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0.00% 3.3¢ pentanet limited

April 17 (Reuters) - Pentanet Ltd (5GG) : SECURES BINDING...

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    17/04/23
    11:15
    Post #: 67308637

    April 17 (Reuters) - Pentanet Ltd (5GG) :

    • SECURES BINDING COMMITMENTS TO RAISE A$6.1 MILLION
    • SHARE PURCHASE PLAN OFFER WILL FOLLOW TO RAISE UP TO A$2.5 MILLION
    • ISSUE PRICE OF A$0.083 PER SHARE
    • FUNDS RAISED BY CO SHOULD ENABLE IT TO REACH OPERATING BREAK-EVEN AND CASH FLOW POSITIVE
    • PROCEEDS OF PLACEMENT AND SHARE PURCHASE PLAN WILL BE APPLIED TOWARDS TELECOMMUNICATIONS INFRASTRUCTURE, OTHERS
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