Proposed Placement and Repayment of Secured Loan Facility
Filed with ASX · · 1 page · English
Summary by 6ix AI
Citigold Corporation Limited has announced a proposed placement and repayment of a secured loan facility with DEP Nominees Pty Ltd ATF Carmen Trust. The company plans to issue a significant number of fully paid ordinary shares at a specified price, with part of the proceeds allocated to settle the loan. Completion of this placement and loan settlement is contingent upon the receipt of subscription funds, which have not yet been received. The remaining funds from the placement are intended for general working capital purposes.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Citigold Corporation Limited on 6ix
Story so far
Earlier from Citigold
- Trading Halt
- Pause in Trading
- Proposed issue of securities - CTO
- Quarterly Activities Report and Appendix 5B
- Response to ASX Aware Letter
Later from Citigold
- Update - Proposed issue of securities - CTO
- Application for quotation of securities - CTO
- Completion of Placement and Secured Loan Settlement
- Cleansing Notice
- Response to ASX Query Letter
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