GMX goldminex resources limited

placement at 2 dollars raising 13.5 mil

  1. 7,973 Posts.
    Re: Placement of Shares at $2.00 per share
    Goldminex Resources Limited (Goldminex) is pleased to announce it has agreed to a private
    placement to raise $13.5 million through the issue of 6.75 million ordinary shares at $2.00
    per share. The issue price represents a 25% premium to the $1.60 closing price on 8
    August 2008.
    Since listing the Company has made significant exploration progress at both prospect and
    regional scale. The funds raised will be used to scale-up exploration activities, including
    more intensive regional exploration and additional geophysical surveying prior to planned
    drilling during the December Quarter.
    Goldminex Managing Director Mr Basil Tambanis said “We are delighted to have received
    the strong support for this placement from existing shareholders at a significant premium to
    our historical market price, which clearly demonstrates the recognition by investors of the
    potential of our projects and support of the Company’s exploration strategy. Directors wish to
    thank shareholders for their continued support and look forward to providing regular updates
    on the Company’s progress.”
    Following the placement, Goldminex will have 67,023,722 shares on issue. The new shares
    will been placed with sophisticated and professional clients of RBC Capital Markets and
    Evans & Partners.
    For further information on Goldminex please visit our website at www.goldminex.com.au or
    contact Basil Tambanis.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.