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Astivita Renewables Ltd Announces Equity Raising


Tuesday, 12 Mar 2013 06:00pm EDT 

Astivita Renewables Ltd announced that will raise up to approximately AUD 3.1 million through a 1 for 1 non-renounceable entitlement offer (Entitlement Offer) of fully paid ordinary shares. Approximately 23,952,979 New Shares will be issued as part of the Entitlement Offer. The funds raised will be used: for the Company to continue introducing new products; to expand the Company's product offerings; for lease costs and associated fit out costs; and operating expenditure. 

Company Quote

0.1
-0.01 -9.09%
21 Sep 2014