MSV 1.27% 40.0¢ mitchell services limited

News: MSV Mitchell Services announces capital raising

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    Sept 15 (Reuters) - Mitchell Services Ltd (MSV)

    • Raised about $2.52 million before costs via an institutional placement at an issue price of $0.034 per share
    • To raise about $6.27 million before costs via a 1 for 8 fully-underwritten non- renounceable entitlement offer at an issue price of $0.034 per share
    • Proceeds from equity raising to be used to fund mobilisation of unutilised rigs
 
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