CSS clean seas seafood limited
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News: CSS Clean Seas Seafood Announces Planned Issue Of Convertible Notes To Raise $15.3 Mln

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    21/08/19
    10:20
    Post #: 40071049

    Aug 21 (Reuters) - Clean Seas Seafood Ltd (CSS) :

    • ANNOUNCES PLANNED ISSUE OF CONVERTIBLE NOTES ON A PRO-RATA ENTITLEMENT BASIS TO EXISTING SHAREHOLDERS TO RAISE UP TO $15.3 MILLION
    • ON COMPLETION OF CAPITAL RAISINGS, CO EXPECTS TO BE FUNDED TO ACHIEVE POSITIVE SELF-SUSTAINING CASH FLOWS BY END OF FY22
    • CO'S MAJOR SHAREHOLDER BONAFIDE WEALTH MANAGEMENT AG COMMITTED TO A $6.6 MILLION EQUITY PLACEMENT TO INCREASE SHAREHOLDING TO 17.66%
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