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Clean TeQ Holdings Limited undertakes A$4.6 mln equity raising to deliver on new projects

Thursday, 6 Mar 2014 06:13pm EST 

Clean TeQ Holdings Limited:Says that it is undertaking a private placement of 91.95 mln shares at A$0.050 per share to raise A$4.6 million.Purpose of placement is to strengthen the company's balance sheet and to fund the delivery of the company's pipeline of new projects.Joint lead managers to the placement are SLM Corporate and BW Equities.Placement is being undertaken in two tranches, with the second tranche subject to shareholder approval. 

Company Quote

-0.0050 -2.70%
4 Sep 2015