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and a year later ...

raising done st 10c a share

[ATTACH=full]187397[/ATTACH]

Equity Placement of $6 Million and a Planned $2 Million Shareholder Purchase Plan
• Firm commitments received for a $6 million two-tranche institutional placement
o Tranche 1 Placement raised approximately $4 million; and
o A conditional Tranche 2 Placement to raise an additional $2 million
• Strong demand from a combination of existing and new investors
• Peak’s largest shareholder, Shenghe, has subject to shareholder and regulatory
approval, committed to top-up its shareholding to 19.9% through the Tranche 2 Placement
• Eligible shareholders will also be able to acquire Peak shares at the placement price through a Share Purchase Plan to raise an additional amount of up to $2 million, subject to shareholder approval
• The primary use of funds will be to cover transaction costs associated with the
finalisation of a proposed investment, funding and development agreement with Shenghe and to progress the Ngualla Project to a Final Investment Decision

<blockquote data-quote="Dona Ferentes" data-source="post: 1303165" data-attributes="member: 66457">and a year later ...raising done st 10c a share[ATTACH=full]187397[/ATTACH]Equity Placement of $6 Million and a Planned $2 Million Shareholder Purchase Plan• Firm commitments received for a $6 million two-tranche institutional placemento Tranche 1 Placement raised approximately $4 million; and o A conditional Tranche 2 Placement to raise an additional $2 million• Strong demand from a combination of existing and new investors• Peak’s largest shareholder, Shenghe, has subject to shareholder and regulatory approval, committed to top-up its shareholding to 19.9% through the Tranche 2 Placement• Eligible shareholders will also be able to acquire Peak shares at the placement price through a Share Purchase Plan to raise an additional amount of up to $2 million, subject to shareholder approval• The primary use of funds will be to cover transaction costs associated with thefinalisation of a proposed investment, funding and development agreement with Shenghe and to progress the Ngualla Project to a Final Investment Decision</blockquote>

[QUOTE="Dona Ferentes, post: 1303165, member: 66457"] and a year later ... raising done st 10c a share [ATTACH type="full"]187397[/ATTACH] [CENTER][B][COLOR=rgb(65, 168, 95)]Equity Placement of $6 Million and a Planned $2 Million Shareholder Purchase Plan[/COLOR][/B][/CENTER] • Firm commitments received for a $6 million two-tranche institutional placement o Tranche 1 Placement raised approximately $4 million; and o A conditional Tranche 2 Placement to raise an additional $2 million • Strong demand from a combination of existing and new investors • Peak’s largest shareholder, Shenghe, has subject to shareholder and regulatory approval, committed to top-up its shareholding to 19.9% through the Tranche 2 Placement • Eligible shareholders will also be able to acquire Peak shares at the placement price through a Share Purchase Plan to raise an additional amount of up to $2 million, subject to shareholder approval • The primary use of funds will be to cover transaction costs associated with the finalisation of a proposed investment, funding and development agreement with Shenghe and to progress the Ngualla Project to a Final Investment Decision [/QUOTE]

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