Issued new shares for capital at 0.001 on the 24th April, I would be careful.
The Company is in the process of finalising a placement of 117,822,560 shares to raise $117,822 less costs. The funds raised from the issue will be utilised for expenditures on the Group’s DRC mineral concessions and to provide working capital. Placement shares will rank equally in all respects with the existing ordinary shares of the Company on issue.
The new shares will be issued and Appendix 3B application for quotation of additional the shares will be lodged upon clearance of subscription monies received. No director or their associates has participated in the Placement Issue.
AAF Price at posting:
0.2¢ Sentiment: Sell Disclosure: Not Held