AGD austral gold limited
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News: AGD Austral Gold Announces $1 Mln Non-Brokered Private Placement

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    10/10/23
    21:00
    Post #: 70275494

    Oct 10 (Reuters) - Austral Gold Ltd (AGD) :

    • ANNOUNCES US$1M NON-BROKERED PRIVATE PLACEMENT
    • INTENDS TO USE PROCEEDS RAISED FROM PRIVATE PLACEMENT FOR WORKING CAPITAL, REPAY OUTSTANDING DEBT
    • ENTERED INTO AN AGREEMENT TO ISSUE UP TO APPROXIMATELY 1.6 MILLION NON-TRANSFERABLE UNSECURED CONVERTIBLE NOTES
    • NON-TRANSFERABLE UNSECURED CONVERTIBLE NOTES EACH HAVE A FACE VALUE OF AUD$1
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