Completion of institutional entitlement offer and placement
Filed with ASX · · 4 pages · English
Summary by 6ix AI
L1 Gold Fund Limited has successfully completed its institutional placement, entitlement offer, and shortfall offer, raising significant funds from both existing and new shareholders. The retail entitlement offer is set to open soon, allowing eligible shareholders to subscribe for new shares at a specified price. Settlement and trading of the new shares are expected to occur shortly after the completion of the offers.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from L1 Gold Fund
- Net Tangible Asset Backing
- Becoming a substantial holder
- Update - Proposed issue of securities - LGF
- LGF placement and non-renounceable entitlement offer
- Investor presentation
Later from L1 Gold Fund
- Company Secretary resignation and appointment
- Opening of Retail Entitlement Offer and Retail Offer Booklet
- Application for quotation of securities - LGF
- Notice under section 708A(5)(e) of the Corporations Act 2001
- Monthly Net Tangible Asset Backing
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