News: LAW Lawfinance Ltd Announces Strategic Capital Raising

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    Dec 24 (Reuters) - Lawfinance Ltd (LAW) :

    • LAWFINANCE LTD - CO COMPLETED US$3.4 MILLION EQUITY PLACEMENT WITH EXISTING AND NEW SOPHISTICATED INVESTORS AT 6.4CPS
    • LAWFINANCE LTD- FURTHER CAPITAL RAISING TO BE UNDERTAKEN VIA A 1:1 PRO-RATA NON-RENOUNCEABLE ENTITLEMENT OFFER AT 6.4 CENTS PER SHARE
    • LAWFINANCE LTD - AN EGM WILL BE CALLED TO SEEK SHAREHOLDER APPROVAL TO CONVERT EXISTING DEBT INTO DEBT AND EQUITY INSTRUMENTS

    Source text https://reut.rs/2ShviFs

    (([email protected];))

 
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