IMD imdex limited
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News: IMD Imdex announces placement of about 72.72 mln new ordinary shares at an issue price of...

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    05/09/16
    10:32
    Post #: 18927990

    Sept 5 (Reuters) - Imdex Ltd (IMD) :

    • $40M placement (IMD)
    • Announces placement of approximately 72.72 million new ordinary shares at an issue price of A$0.55 per share
    • Funds raised will be applied towards reducing debt and strengthening the balance sheet
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