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Ausmon Resources Ltd announces 1 for 1 non-renounceable rights issue


Sunday, 16 Mar 2014 06:01pm EDT 

Ausmon Resources Ltd:Launches 1 for 1 non renounceable rights issue to raise about A$739,786 (before transaction costs).Net funding will be used primarily to fund the company's exploration work and otherwise as general working capital.Directors have resolved that net proceeds of rights issue will not be used to pay fees to current or past directors or otherwise used to pay for overseas travel or other expenses of current or past Directors.Under rights issue, eligible shareholders with registered addresses in Australia and New Zealand will be entitled to apply for 1 new share for every 1 share held on March 28, (record date).Issue price is A$0.007 per new share. 

Company Quote

0.0080
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24 Dec 2014