Normal
• Firm commitments from institutional and sophisticated investors for a Placement to raise $8.1 million (before costs).• Strong support for the Placement from several high regarded new institutional investors based domestically and internationally.• The Placement price of $0.44 per share represents a 6% discount to the 15-day volume weighted average price (VWAP) of $0.47.• The Company has now strengthened its balance sheet to fund further work at the 100% owned flagship Koppamurra clay hosted rare earth project located in South Australia..... and heading towards 44c (or lower)
• Firm commitments from institutional and sophisticated investors for a Placement to raise $8.1 million (before costs).
• Strong support for the Placement from several high regarded new institutional investors based domestically and internationally.
• The Placement price of $0.44 per share represents a 6% discount to the 15-day volume weighted average price (VWAP) of $0.47.
• The Company has now strengthened its balance sheet to fund further work at the 100% owned flagship Koppamurra clay hosted rare earth project located in South Australia.
.... and heading towards 44c (or lower)
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