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Pacifico Minerals Ltd closes SPP raising A$2.2 million


Monday, 24 Mar 2014 06:25pm EDT 

Pacifico Minerals Ltd:Raises A$2.2 million via the issue of 58,157,918 shares under SPP which closed on March 21.On announcing SPP, the company intended on raising maximum of A$1.2 million, however, given overwhelming demand from existing shareholders, board of Pacifico Minerals resolved to increase the SPP limit to accept all applications.SPP was part of fundraising initiative that included a A$3.6 million equity placement to fund further exploration at Berrio gold project and to enable the company to increase interest in Berrio, as well as additional working capital. 

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3 Jul 2015