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Cokal Ltd Announces Private Placement To Blumont Group Ltd


Tuesday, 19 Nov 2013 06:09pm EST 

Cokal Ltd announced that it has received the fifth and final tranche (AUD509,125.44) of the AUD9,609,125.44 private placement to Blumont Group Ltd. The Company has issued the fifth and final tranche of 3,182,034 fully paid ordinary shares at a price of AUD0.16 (raising AUD509,125.44 before costs). A total of 60,057,034 fully paid ordinary shares have now been issued under the Blumont Placement. Cokal is now focussed on putting in place the necessary funding to start construction on the BBM project and is currently in project financing discussions with a number of parties. 

Company Quote

0.025
-0.0010 -3.85%
24 Oct 2014