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Erin Resources Ltd Announces New Placement To Raise $300,000

Friday, 9 Aug 2013 01:34am EDT 

Erin Resources Ltd announced that it has undertake a placement to sophisticated and professional investors to raise $300,000 by way of the issue of 30,000,000 ordinary shares at $0.01 each (Placement). For every Placement Share subscribed, the Company will issue an additional one (1) option exercisable at $0.02 on or before 30 June 2015, for no additional consideration (Option). 

Company Quote

0.0010 +5.88%
12:43am EDT