March 13 (Reuters) - Syrah Resources Ltd (SYR) :
- TO RAISE AROUND A$98 MILLION THROUGH FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT
- SYRAH AND AUSTRALIANSUPER AGREED TO CONVERSION OF SERIES 1 AND 3 NOTES 2 INTO NEW SHARES
- PROCEEDS OF RAISING BE USED TO PRESERVE BALAMA OPERATING MODE OPTIONALITY, FUND VIDALIA OPERATING COSTS, AMONG OTHERS
- EQUITY RAISING WILL BE AT A FIXED PRICE OF A$0.55 PER NEW SHARE
- CONVERSION OF SERIES 1 AND 3 NOTES 2 INTO NEW SHARES AT REVISED CONVERSION PRICE OF A$0.6688 PER SHARE
- AUSTRALIANSUPER'S SHAREHOLDING IN SYRAH IS EXPECTED TO INCREASE FROM 17.8% TO NO MORE THAN 31.9% ON COMPLETION
(([email protected];))
News: SYR Syrah Resources To Raise Around A$98 Million Through Underwritten Institutional Placement
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 27.3¢ | 25.5¢ | $634.3K | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 379430 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 40672 | 5 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SYR (ASX) Chart |