Raises funds to advance HN9 and Lady Julie projects
Filed with ASX · · 1 page · English
Magnetic Resources NL (Magnetic or the Company) is pleased to announce that it has received binding commitments for approximately $1.02 million (before costs) via a placement of approximately 0.71 million New Shares at $1.42 per share. The placement saw interest from new and existing shareholders. The placement price represents an approximate 11% discount to the last closing price of $1.60 per sha
Earlier from Magnetic Resources NL
- Suspension from Official Quotation
- Thick high-grade intersections at Lady Julie 4
- Thick high grade intersections are open to SE at Lady Julie
- Thick high grade intersections from surface at Lady Julie
- Multiple thick and high-grade zones located at Lady Julie
Later from Magnetic Resources NL
- Reinstatement to Official Quotation
- Homeward Bound South Shapes up with 20M AT 3G/T from 64M
- Application for quotation of securities - MAU
- Directors exercise options to fund growth
- High grade intersections and vertical shoots at Lady Julie
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