Rights Issue Closes Oversubscribed
Filed with ASX · · 1 page · English
Summary by 6ix AI
Santana Minerals Ltd. has announced the successful closure of its renounceable rights issue, which was oversubscribed, raising significant proceeds. The company will issue a large number of shares and options as part of this offer, reflecting strong support from shareholders and new investors. Additionally, to meet excess demand, Santana will conduct a placement of more shares and options to raise further funds.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Santana Minerals
- Supplementary Prospectus
- Acquisition of Becker Gold Project
- Renounceable Rights Issue Prospectus
- $1.5m Renounceable Rights Issue to fund Becker Gold Project
- Quarterly Activities and Cashflow Report - 31 March 2018
Later from Santana Minerals
- Commencement of Diamond Drill Program at Becker Gold Project
- Quarterly Activities and Cashflow Reports - 30 June 2018
- Becker Gold Project - Initial Drilling at Lajuelas Prospect
- Becker Gold Project Update
- Quarterly Activities and Cashflow Reports - September 2018
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