Placement to Raise $650,000
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Resource Base Limited has announced a placement to raise funds through a two-tranche share offering. The company has received firm commitments to raise a total amount before costs, with strong interest from institutional and sophisticated investors. Directors are set to participate in the placement, pending shareholder approval, and the proceeds will support existing projects and working capital. Settlement for the first tranche is expected shortly, with shares issued under existing placement capacities.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Resource Base
- Quarterly Activities/Appendix 5B Cash Flow Report
- Tenements prospective for Gold, Titanium and REEs granted
- Loyalty Option Offer
- Entitlement Issue Prospectus
- Placement to Raise $975,000
Follow Resource Base into a list and get an email when it puts out news.
Follow Resource Base