What the???
That's a big vote of confidence to take a placement at a 20% premium to current SP!
>>>
Atlantic Gold NL (ASX: ATV) is pleased to announce that it has entered into a placement agreement for the issue of 40 million ordinary shares to a private company, AU Mining Limited, at 6 cents per share to raise $2.4 million. This
equates to approximately 8.92% of the issued capital of the Company.
Completion of the placement is expected to occur during this week.
Atlantic Gold welcomes AU Mining Limited as a substantial shareholder in the company and looks forward to a rewarding association with AU Mining and its other shareholders in progressing its gold exploration and development activities in Nova Scotia.
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Cdchi1
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What the???That's a big vote of confidence to take a placement...
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Last
5.1¢ |
Change
0.010(24.4%) |
Mkt cap ! $18.02M |
Open | High | Low | Value | Volume |
4.1¢ | 5.1¢ | 4.1¢ | $33.44K | 750.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 864 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55370 | 0.043 |
1 | 25000 | 0.041 |
4 | 175126 | 0.040 |
1 | 25000 | 0.038 |
1 | 16148 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 100000 | 1 |
0.100 | 200000 | 1 |
0.120 | 50000 | 1 |
0.150 | 220000 | 2 |
0.170 | 50000 | 1 |
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