TSI top shelf international holdings ltd

News: TSI Top Shelf International Announces Capital Raising To Raise Up To A$40M

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    May 29 (Reuters) - Top Shelf International Holdings Ltd (TSI) :

    • ANNOUNCES CAPITAL RAISING TO RAISE UP TO A$40M
    • NEW SHARES UNDER BOTH CONDITIONAL PLACEMENT & ENTITLEMENT OFFER WILL BE ISSUED AT A PRICE OF A$0.25 PER NEW SHARE
    • PROCEEDS WILL BE USED TO REPAY A PORTION OF CO'S SENIOR SECURED LOAN FACILITY WITH LONGREACH, AMONG OTHERS
 
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