MLM metallica minerals limited
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News: MLM Metallica Minerals announces pro rata renounceable rights issue

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    10/03/17
    08:35
    Post #: 23238452

    March 10 (Reuters) - Metallica Minerals Ltd (MLM) :

    • To announce pro rata renounceable rights issue of 1 new metallica fully paid ordinary shares at 5.2 cents for every 4 metallica shares
    • Issue will raise up to approximately $2.97 million (before costs) with $2.7 million being underwritten by cps capital group (cps)
    • Secures a$4.0 million in equity funding to fully fund co to bauxite production and cash flow from urquhart bauxite project targeted for mid 2017

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