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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: GlobalData

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Core Exploration Ltd Announces Oversubscribed Rights Issue Shortfall Placement To Accelerate NT Copper IOCG Exploration

Sunday, 1 Sep 2013 08:13pm EDT 

Core Exploration Ltd announced that it has placed the remainder of the shortfall available under the rights issue undertaken by the Company in June 2013. The oversubscribed placement is raising a further $550,354 (before costs) to fund Core's exploration currently underway on its Albarta Project in the Northern Territory. The Company will issue 18,345,154 fully paid ordinary shares at a price of $0.03 per share following receipt of cleared funds. Core will also issue 18,345,154 options, being one free attaching option for every share issued, with an exercise price of $0.10 on or before October 31, 2014. 

Company Quote

0.0010 +1.82%
24 Oct 2014