GGE 0.00% 0.6¢ grand gulf energy limited

TreasurehunterAnother placement ? Your post "another 85m at 0.5...

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    Treasurehunter

    Another placement ? Your post "another 85m at 0.5 coming" ?

    We just had one 20th Apr - @ 0.6

    "The Company is pleased to confirm that it has received commitments for the issue of 85m shares at 0.6 cents
    and 42.5m free attaching options to raise ~$0.5m. This now completes the pre approval received from
    shareholders at the General Meeting held on 2 March 2011 to issue up to 450m shares and 225m free attaching
    options."

    What goes on ?

    CH##RS
 
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