$2.1 Million Capital Raising
Filed with ASX · · 4 pages · English
VRX Silica Limited (VRX or Company) is pleased to announce it has received binding commitments from sophisticated and professional investors to raise $2.1 million (before costs) under a placement of fully paid ordinary shares (Placement). The Placement comprises: • an unconditional placement of approximately 28.5 million new shares equating to approximately $2.05 million within the Company’s place
Story so far
Earlier from VRX Silica
- Trading Halt
- Arrowsmith North Land Purchase and Infrastructure Update
- Binding Offtake Contracts Secured for Arrowsmith North
- Works Approval for Arrowsmith North Silica Sand Project
- Environmental Approval Arrowsmith North Silica Sand Project
Later from VRX Silica
- Additional Binding Offtakes and Financing Update
- Implementation of Succession Plan and New CEO Appointment
- Quarterly Activities/Appendix 5B Cash Flow Report
- Renounceable Rights Issue to Raise up to $6.2 million
- Entitlement Offer Prospectus
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