AFR Street Talk has info on this- just out (link for members or take a free AFR trial):
http://www.afr.com/p/opinion/galaxy_resources_taps_patersons_krzwvJ9lC9KqvMAf9o1SlM
"Lithium play Galaxy Resources is seeking to raise up to $29.3 million in the placement of shares through Patersons Securities."
"The shortfall placement was being done at 8¢ a share through Patersons, with a 1.5-for-one free attaching listed option.
"Investors were told Patersons had been advised of demand worth about $12 million, and was looking to place the remainder with institutional, retail and sophisticated investors."
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AFR Street Talk has info on this- just out (link for members or...
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