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Mds Financial Group Ltd Announces Strategic Placement; Updates On Rights Issue

Monday, 24 Jun 2013 03:14am EDT 

Mds Financial Group Ltd announced it has advanced its Australian strategic shareholder base through the placement of AUD800,000 in MWS Shares to an Australian investor at an issue price of $0.01 per MWS Share. The Company can advise that a total of AUD800,000 has been received, equal to 80,000,000 MWS Shares. Further to an announcement on October 03, 2012 the Company advises that, despite some delays in finalising arrangements, it intends to complete a Rights Issue to raise approximately of $1.5 million. The terms of the issue are to be finalised, however the Company anticipates that the raise will be undertaken and completed within the first quarter of the new financial year commencing July 01, 2013. 

Company Quote

16 Dec 2014