A really good announcement. Key summary:
This will help fund the company through the next phase of commersialisation,
- issueing at 2 cents per share
- one new share for every share held
- directors participating to the tune of $3.1 m
- this will accelerate commersialisation of Sprintex range of products
This is great news, and ensures the viability of the business.
raising up to 6.9m via entitlement issue
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