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Ellex Medical Lasers Ltd Completes Placement To Raise $3.3 Million


Wednesday, 18 Sep 2013 07:13pm EDT 

Ellex Medical Lasers Ltd announced that it has completed a placement to institutional and sophisticated investors, raising gross proceeds of approximately AUD3.3 million (Placement). The Placement of approximately 12.7 million ordinary shares was completed at an issue price of AUD0.26 per share, a 13.3% discount to the closing price of the Company‚Äôs shares on the ASX on September 16, 2013. Taylor Collison Limited was the Lead Manager for the Placement, which was oversubscribed. It is expected that the Placement shares will be issued on September 26, 2013. 

Company Quote

0.35
0.0050 +1.45%
22 Aug 2014