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1.82%

5.4¢ challenger gold limited

I was under the impression, its ASX listed ( the strategic...

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raiderup

27,499 Posts.

82

28/03/24

14:08

Post #: 73104938
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Originally posted by Ty Cat Mac: ↑

Probably Queens Road Capital

& last time they took a placement (see below), Blackrock came along too (substantial shareholder notice dated 20/9/22) so they maintained their percentage

Queen’s Road Capital Investment Ltd. (TSX-QRC)(the “Company” or “QRC”) is pleased to announce that it has entered into an agreement with Challenger Exploration Ltd. (ASX: CEL) (“Challenger”) whereby the Company will purchase US$15,000,000 of convertible debentures to be issued by Challenger. QRC’s investment is being made concurrent with a A$2.6 million equity private placement by Challenger’s largest shareholder at A$0.19 per share.
The convertible debentures will have a 4-year term, carry a 9% coupon, a 3% establishment fee and will be convertible into Challenger common shares at a price of A$0.25. The interest is payable quarterly, 7% in cash and 2% in shares at the 20-day volume weighted average price prior to each interest payment date.

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I was under the impression, its ASX listed ( the strategic partner), maybe twiggys outfit will be named, he has bought into the gold sector.

Raider

CEL Price at posting: 8.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.4¢		Change -0.001(1.82%)		Mkt cap ! $75.80M

Open	High	Low	Value	Volume
5.6¢	5.6¢	5.3¢	$50.04K	907.3K

Buyers (Bids)

No.	Vol.	Price($)
2	220658	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	170000	2

View Market Depth

No.	Vol.	Price($)
2	220658	0.053
2	90000	0.052
3	273980	0.051
3	160000	0.050
3	319013	0.049

Price($)	Vol.	No.
0.055	170000	2
0.056	249999	1
0.057	200000	1
0.058	247000	2
0.059	240000	1

Last trade - 15.42pm 17/09/2024 (20 minute delay)

CEL (ASX) Chart