Successful Placement of CDI’s Raises A$3.5 Million
The Placement CDI’s and Options are expected to settle on or about Monday 27 March 2023.
- The Placement CDI’s and Options are expected to settle on or about Monday 27 March 2023.
- The Placement CDI’s issued will rank equally with existing CDI’s and common shares of the Company (“Common Shares”) on issue.
- The closing of the Placement is subject to receipt of all necessary regulatory approvals, including the acceptance by the TSX and ASX.
- RM Corporate Finance Pty Ltd acted as Lead Manager to the Placement and will be paid a total fee of 6% of the gross proceeds raised in the Placement.