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Provider: Wright Reports
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Cullen Resources Ltd Complates Capital Raising

Tuesday, 5 Mar 2013 05:28pm EST 

Cullen Resources Ltd announced that it has completed a capital raising of AUD 2.2 million (before expenses) by a placement of securities to sophisticated and professional Section 708 investors. These investors have subscribed for 100 million fully paid ordinary shares in Cullen at AUD 0.022 per share. This represents approximately 13.9% of the issued capital of the Company. Funds raised will be applied to key projects and provide working capital. 

Company Quote

-0.0020 -10.00%
8 Jul 2014