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Carpentaria Exploration Ltd Announces Placement And Non-underwritten Non-Renounceable Rights Issue


Sunday, 27 Oct 2013 09:00pm EDT 

Carpentaria Exploration Ltd announced a placement to sophisticated and institutional investors to raise approximately AUD1,335,398 (Placement) and a non-underwritten non-renounceable entitlement issue to raise approximately AUD2,330,000 (before costs and expenses of the offer) (Rights Issue). The capital raised from the Placement and Rights Issue will be directed towards the meeting development cost requirements in the medium term for the Hawsons Project in order to retain 60% interests and to develop and participate in other potential strategic and operational opportunities involving the Hawsons Project. 

Company Quote

0.075
0.0050 +7.14%
15 Jul 2014